63 Beach Ave
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 |
|---|---|---|---|
| Aug 25, 2021 | Sold | ||
| Sold | |||
| Jul 31, 2021 | Listed by ERA Key Realty Services- Spenc | $410,000 | |
| Listed by ERA Key Realty Services- Spenc | |||
| Aug 10, 2020 | No longer available | - | |
| No longer available | |||
| Aug 7, 2020 | Listed | $379,900 | |
| Listed | |||
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Nicely updated ranch with 50' of frontage on beautiful Cedar Lake. Whether for year-round occupancy for 1 or 2 people, or seasonal use, this slice of heaven delivers an open floorplan, granite and stainless steel kitchen with gas range and breakfast bar peninsula, hardwood and vinyl tile flooring, mini-split for AC and supplemental heat, French Doors to the living room with propane gas-log fireplace, Sunroom with three walls of windows to admire the lake, and a beautiful 45' x 22' paver patio at the waterfront. Your private dock is the perfect launch for a canoe, kayak, or boat. The home is vinyl sided and windows have been replaced. Parking area includes a carport and terraces down to a concrete patio at the front door. There are two sheds to help with storage along with the walkout basement. Owners are willing to sell fully furnished with two double bed pull out couches offering room for up to 4 overnight guests. Easy access to major commuting routes including Rt 20 and Mass Pike. The manager has listed the unit size as 1204 square feet.
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| Oct 31, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017