59 Atlantic Avenue
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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 3, 2020 | Sold | ||
| Sold | |||
| Feb 27, 2020 | Listed by The Van Dyk Group - Barnegat | $239,900 | |
| Listed by The Van Dyk Group - Barnegat | |||
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Updated Cape model on a corner, surrounded by trees. This beautiful home has an open floor plan and features on the first floor include , a large great room with a gas fireplace, a dining area and an updated kitchen with lots of cabinet space, a breakfast bar with storage and a view of your private backyard. Downstairs there is a master bedroom, another bedroom, full bath and a laundry room. The upstairs features another full bathroom, an oversized bedroom with a walk in closet and another large room which can be a bedroom (no closet) or a den or family room. Some of the updates have been completed including a new large ac unit and roof 8 years ago. The large front driveway is beautiful paver patio blocks. The back yard has a paver patio too.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017