517 8th Avenue
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 25, 2019 | Sold | ||
| Sold | |||
| Mar 29, 2019 | Listed by RE/MAX Paradigm Realty Group | $574,900 | |
| Listed by RE/MAX Paradigm Realty Group | |||
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Charming four bedroom home in the quiet North End of Belmar is now priced to sell! Warm & inviting rocking-chair front porch welcomes you to your new home. Step inside to a bright and open layout, rare and wonderful 9 foot ceilings on BOTH floors, tons of natural light throughout the home, and lots of charming features such as exposed brick, real cast iron radiators and a kitchen island made of antique German crating. 2015 renovations include new kitchen, new baths, new 2-zone C/A, new roof, new windows & more. Quick stroll to the beach & boardwalk and walking distance to local shops, restaurants, the train station, and the Marina. Deep 150' Lot gives you off-street parking so you can leave the car at home! Low Taxes. Great opportunity to be on 8th Avenue.
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| Apr 8, 2015 | Sold | ||
| Sold | |||
| Dec 1, 2014 | Listed by Gloria Nilson & Co. Real Estate | $399,999 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017