60 Browns 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 |
|---|---|---|---|
| Oct 15, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $649,900 | |
| Listed | |||
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Where are memories made? From this lovely Cottage on Newfound Lake with it's own 75' of sandy lakefront. Enjoy the stress releasing lake and mountain views from either the covered porch or deck. Many wonderful moments can be created in the living room playing games on the hardwood floor and a roaring fire in the stone fireplace. The updated kitchen and master bedroom with bath will cut down on those "honey-do" weekends...lol. Two other first floor bedrooms will allow a space for those guests...when you want them :) There's plenty of lawn between the cottage and water for entertaining but not too much from a maintenance perspective. The water is clear, enticing, and with a dock, ready for your boating and water skiing enjoyment. Quality of life is what really matters...what are you waiting for? The manager has listed the unit size as 1344 square feet.
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| Apr 24, 2018 | Listed by Starr Realty | $599,900 | |
| Listed by Starr Realty | |||
| Sep 2, 2017 | Listed | $699,000 | |
| Listed | |||
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It doesn’t get much better than this! Looking to make incredible memories for years to come, than this might be the property for you. 75 ft of private owned water frontage on Newfound Lake, check. Private dock with gentle steps into the sandy bottom making it easy to stroll into the lake, check. Nice level lawn from the house to the water front to play games, have a small garden or place the fire pit, check. Plenty of room for guests in this spacious year-round cottage with views to the lake from almost every room, check. Updated modern eat-in kitchen including stainless appliances, check. Topping it all off with a large living and dining room area featuring a stone fireplace and overlooking glass French doors leading to the spectacular screened in porch, check. If you think all of the boxes have been checked, then it is time to come and take a look and let the memory making begin. The manager has listed the unit size as 1344 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017