7 Atlantic Avenue
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 |
|---|---|---|---|
| Nov 8, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by Carey & Giampa, LLC REALTORS® | $2,430,000 | |
| Listed by Carey & Giampa, LLC REALTORS® | |||
| Jul 28, 2014 | Sold | ||
| Sold | |||
| Apr 28, 2014 | Listed by Carey & Giampa, LLC REALTORS® | $1,150,000 | |
| Listed by Carey & Giampa, LLC REALTORS® | |||
| | |||
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Historic Victorian in Little Boars Head steps from the ocean. Newly remodeled kitchen flooded with natural light with french door to wrap around porch, formal dining room with crystal chandelier, 1st floor powder room, Den/office, Formal Living Room with wood fireplace & water views, Family Room with wood paneling. Back staircase to Master bedroom with gas fireplace, sitting area with water views, en-suite marble bath & walk-in closet. Optional 3rd floor master suite with spectacular ocean views & en-suite bath with soaking tub. Additional features include custom molding, arched doorways, plaster walls & vintage wood floor throughout. 3 car garage with storage, professionally landscaped yard, irrigation system & outdoor shower.
| |||
| Apr 7, 2014 | Listed by Carey & Giampa, LLC REALTORS® | $1,150,000 | |
| Listed by Carey & Giampa, LLC REALTORS® | |||
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Address: 335 Madison Avenue, New York, NY 10017