53 Cable Ave
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 |
|---|---|---|---|
| Jun 1, 2022 | No longer available | - | |
| No longer available | |||
| May 20, 2022 | No longer available | - | |
| No longer available | |||
| May 18, 2022 | Listed by Keller Williams Realty Evolution | $498,888 | |
| Listed by Keller Williams Realty Evolution | |||
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Whether you are looking for an immaculately maintained year-round residence, that special beach getaway, or perhaps the opportunity for rental income -53 Cable is the answer. Ideally situated just blocks from the sandy beaches and blue waters of the Atlantic, this 2 bed, 1 bath raised ranch has been refreshed and is awaiting its new owner! It's more than a house, it's an experience - If you are looking for the hustle and bustle of Salisbury Beach Boardwalk, a visit to the beach, or a you want to explore Salisbury Beach Reservation, it is all right outside your door! Let the glowing sky over the salt marsh end your day as you sit and enjoy the sound of the crashing waves on one of your decks or perhaps in the yard. Do not delay. Showings begin at open house on Saturday May 21. The manager has listed the unit size as 960 square feet.
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| Jul 7, 2020 | Sold | ||
| Sold | |||
| Mar 26, 2020 | Listed by Cameron Prestige, LLC | $369,900 | |
| Listed by Cameron Prestige, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017