71 Long Beach
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 |
|---|---|---|---|
| Jun 24, 2020 | Sold | ||
| Sold | |||
| Apr 1, 2020 | Listed by J. Barrett & Company | $450,000 | |
| Listed by J. Barrett & Company | |||
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The beach is calling I must go!! This well maintained cottage on Long Beach is ready for its new owners!! Located on the second row it has views of the ocean and boardwalk. This property offers 3 bedrooms, two full baths, one car garage, eat-in kitchen, large living room, enclosed porch, deck, patio and lower level that allows additional space for bunks or living room. Plenty of space to entertain and enjoy the beauty of Long Beach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017