606 Linden Avenue
About This Property
The fully finished and heated basement extends the living space with three versatile bonus rooms and an additional full bathroom. Set on an oversized lot ,this property provides a fenced in backyard featuring a rear covered patio, deck and a fire pit area that are perfect for enjoying the coastal ambiance. Conveniently located near the beach, parks and bike paths Conveniently located near the beach, parks and bike path, this home offers abundant opportunities for outdoor leisure and recreation, truly enhancing your lifestyle to new heights.
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | Price Decreased |
$475,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jul 31, 2024 | Price Decreased |
$485,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 16, 2024 | Price Decreased |
$490,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Pine Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017