656 South Main
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 |
|---|---|---|---|
| Jul 12, 2019 | Sold | ||
| Sold | |||
| Apr 1, 2018 | Listed by William Raveis R.E. & Home Services | $1,395,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Location, location! Launch your boat across the street or take a stroll to gorgeous ocean beaches, Library, Four Seas Ice Cream, or General Store. This property offers a lifestyle of upscale comfort and enjoyment. Delight in the sun-drenched open floor plan of this Like New home. 1st floor features an elegant living rm with 14' coffered ceiling, master with fireplace/walk-in closet/sitting room, gourmet kitchen with granite/Sub-Zero/Wolf/drink & wine coolers, spacious dining, and sunroom with choice of glass or screens. 2nd floor has 3 bedrooms including an en-suite option. Gas heat, central AC & generator. Magnificent sunsets can be seen from the private back deck with retractable awnings. This house has all the bells and whistles you've ever seen and some you've never dreamed of. Luxury Home By The Sea!
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| Apr 14, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017