Lot 59 Crescent Avenue
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 17, 2008 | Sold | ||
| Sold | |||
| May 18, 2007 | Listed by Coldwell Banker Realty - Scituate | $1,100,000 | |
| Listed by Coldwell Banker Realty - Scituate | |||
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Last oceanfront/cliff front lot on Second Cliff's coveted Crescent Avenue. Opporunity to design and build your direct Atlantic dream home. Flat, grassy lot surrounded by privet hedge and fencing will easily accommodate a sizeable residence. Short stroll to Peggotty Beach, planned Town marina, First Cliff beach, or a pleasant walk or bike ride into the Harbor shops, restaurants, movies. Lifestyle property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017