5424 Reef Way
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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%.
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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.
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 |
|---|---|---|---|
| Jan 8, 2021 | Sold | ||
| Sold | |||
| Jan 8, 2020 | Listed by Berkshire HathawayHomeServices | $1,550,000 | |
| Listed by Berkshire HathawayHomeServices | |||
| Oct 4, 2018 | Sold | ||
| Sold | |||
| Aug 8, 2018 | Listed by Century 21 Everest | $1,390,000 | |
| Listed by Century 21 Everest | |||
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Steps to the beach at Mandalay Shores! This is a stunning, extensively remodeled family home w/3 beds plus bonus rm(possible 4th bed) & 3 baths. The kitchen, family rm/dining rm & living rm are on the ground floor. Beautiful Travertine floors down,wood floors & plush carpeting up. Family rm/ dining rm opens to the wonderfully remodeled island kitchen w/top of the line stainless steel appliances,walk in pantry with custom shelving. The living rm has a custom stone fireplace & wet bar & the downstairs powder rm has custom vanity w/granite counters. Stunning wrought iron staircase leads to 3 huge beds & bonus room. All bedrooms have ceiling fans and mirrored closet doors and the bonus room has a custom floor to ceiling stone fireplace and balcony to check out the views. This home shows light & bright w/skylights & high ceilings,newer windows,water conditioning system, indoor laundry & charming private patio which leads to a pathway to the beach. There is new hardware, recessed lighting, custom light fixtures & plantation shutters thru-out! Enjoy the views & sunsets from the rooftop patio. This is beach living at it's finest!!
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About Oxnard Shores
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$9,500 /mo
- 4 Beds
- 3 Baths
- 3,096 ft²
$3,450 /mo
- 1 Bed
- 2 Baths
- 1,697 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017