715 Park 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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by Imperial Realty Properties | $419,000 | |
| Listed by Imperial Realty Properties | |||
| Dec 28, 2025 | Listed | $520,000 | |
| Listed | |||
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Don't miss this rare opportunity to own a charming ranch-style home situated on an oversized 100x100 lot in highly desirable Union Beach. This 4-bedroom, 2-bath residence offers exceptional space something rarely found in the area. The property features a detached 2-car garage with a private suite above, along with an extended driveway accommodating up to eight vehicles. The expansive backyard provides abundant open space, ideal for outdoor entertaining, gatherings, or enjoying a peaceful and private setting. With its oversized lot, privacy, and versatility, this standout property offers truly unique appeal. Fast closing available. Homes like this do not come along often come see it for yourself and appreciate the value and space it has to offer. The property is not located in a flood zone.
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| Nov 16, 2025 | Listed | $520,000 | |
| Listed | |||
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Charming ranch-style 3BR home on an oversized 100x100 lot with a large open backyard. The house sits on only half the property, offering exceptional space ideal for a pool, patio, outdoor living, or future expansion. Features a full attic for storage and a detached 2-car garage with a bonus suite above, including a bedroom and full bath perfect for guests or office use. The extended driveway parks up to 8 cars. Just a couple blocks from the beach, boardwalk, shopping, and major routes. No flood insurance required. Easy to show. A property offering this much land, bonus space, and future potential in a non"flood zone is truly rare. Schedule your private appointment today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017