61 Beach Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Apr 14, 2024 | Listed by J. Barrett & Company | $429,900 | |
| Listed by J. Barrett & Company | |||
| | |||
|
A perfect little gem! One level living 3 bed 1 full bath. Downsizing or just starting out, this property has privacy in the backyard, circular driveway, deck and fenced in dog play area from current users or play yard for you. Not to mention easy access to the beaches all year long! All wood floors, update kitchen 2019 with Curava recycled glass counters, new furnace/water heater tank 2022, new front and back doors 2019, roof 2016 with 50yr Warranty from Corning, flue and chimney cap 2016, new electric stove 2022, separate sub panel for generator, which sellers will leave, sump pump inspected 2023, new insulation in basement. Full size basement stairs where laundry is located. Property intended to convey as presented. NO SHOWINGS UNTIL OPEN HOUSE. OFFERS DUE THURSDAY 4/25 12PM SELLERS RESERVE THE RIGHT TO ACCEPT OFFER BEFORE DEADLINE. ALLOW 24 HR. RESPONSE TIME.
| |||
| Dec 31, 2015 | Sold | ||
| Sold | |||
| Oct 2, 2015 | Listed by J. Barrett & Company | $299,000 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017