525 BEACH Avenue
About This Property
This meticulously well-maintained, beach home is in the ''heart of old Atlantic Beach'' fabulously and conveniently located and sits on a 50 x 250 foot lot.Rebuilt in 2008, featuring a very large kitchen ,great room, formal dining room and formal living room . The outside space is a homeowners dream for entertaining guests while enjoying the incredible views. The property includes a separate two car garage guest house with three bedrooms and one bath with over 1200 sqft.² of living space and ocean views from the deck. There is ample parking spaces for additional company.
Walk to town center for dinner or shopping.
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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%.
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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.
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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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2023 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $5,900,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| May 9, 2008 | Sold | ||
| Sold | |||
| Feb 9, 2006 | Listed by EDGE REALTY | $3,750,000 | |
| Listed by EDGE REALTY | |||
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This beautiful Oceanfront home with pool and jaccuzzi offers 4000+/- square feet in the main house and 1400+/- square feet in the guest house.MBed overlooks ocean and pool area and offers a large private porch, MBath just remodeled and new carpets throughout the home. Must see this one.
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| Dec 2, 2005 | Listed by EDGE REALTY | $3,700,000 | |
| Listed by EDGE REALTY | |||
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This beautiful Oceanfront home with pool and jaccuzzi offers 4000+/- square feet in the main house and 1400+/- square feet in the guest house.MBed overlooks ocean and pool area and offers a large private porch, MBath just remodeled and new carpets throughout the home. Must see this one.
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017