55 Beach Road
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 |
|---|---|---|---|
| Apr 18, 2023 | Sold | ||
| Sold | |||
| Aug 16, 2012 | Sold | ||
| Sold | |||
| May 23, 2011 | Listed by Dave Mahoney Homes | $245,000 | |
| Listed by Dave Mahoney Homes | |||
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Meticulous ranch features 6 rooms, 3 bedrooms, and 2 full marbled -tiled bathrooms. The kitchen has granite countertops, stainless and recessed lighting. This house offers a finished basement with a wood bar and sitting area. The heated /AC basement has a large workshop room also. The garage is used as a business with a pull down stand-up attic, ceiling fan and separate 220v electric panel. Near highways.
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| Dec 26, 2007 | Sold | ||
| Sold | |||
| Jul 17, 1997 | Sold | ||
| Sold | |||
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