598 BEACH Avenue
About This Property
NO SHOWINGS at this time and please don't disturb the tenants.
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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 30, 2020 | Sold | ||
| Sold | |||
| Mar 22, 2020 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,100,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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This great location is ready for your imagination. See the attached documents for ideas on what you can accomplish here. Right across the street from the ocean and up the street from Town Center. Location in Old AB doesn't get much better for this price.
NO SHOWINGS at this time and please don't disturb the tenants.
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Property Highlights
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Status
Price/ft²
Listed On
Sold On
About Beaches
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 1 Bed
- 2 Baths
- 917 ft²
$8,500 /mo
- 2 Beds
- 3 Baths
- 1,942 ft²
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1045061
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017