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59 Atlantic 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 |
|---|---|---|---|
| Nov 7, 2008 | Sold | ||
| Sold | |||
| Jul 10, 2008 | Listed by J.R. Caffray | $1,195,000 | |
| Listed by J.R. Caffray | |||
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Sip your morning coffee while gazing at beautiful Atlantic Ocean from this oceanfront shingle style property just minutes from Good Harbor Beach. Large open floor plan,two sitting areas & living room & dining room. Kitchen with pantry, half bath plus bedroom & full bath on first floor.Front and back staircases to five bedrooms and full bath on second level. Large porch off living room and covered porch off master bedroom. Fish,picnic and frolic on your own flat rocks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017