605 SALTGRASS 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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by John Tappan, Broker | $2,380,000 | |
| Listed by John Tappan, Broker | |||
| Mar 16, 2017 | Sold | ||
| Sold | |||
| Feb 22, 2017 | Listed by Coldwell Banker Res. Brokerage | $1,049,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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Waters End beauty! Cul-de-sac location with a wrap around back yard patio that features a waterfall and a built in BBQ with tropical landscaping. Full bedroom and bath on 1st floor! Additional features include stainless steel appliances, granite counters, surround sound, built in entertainment center, A/C, new water heater, custom cabinets and epoxy flooring in garage. Excellent community with pool area, multiple parks and great school district. Short walk to Carlsbad State Beach and shopping. Neighborhoods: Waters End Complex Features: ,,,,,,, Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017