723 18th Avenue
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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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | Listed by Patrick Parker Realty | $899,999 | |
| Listed by Patrick Parker Realty | |||
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Livin' the LIFE in Lake Como! This beautiful, recently FULLY renovated home is surprisingly large. It has it all-starting w/ the coveted, covered front porch. Three beds & two full baths including the primary en-suite & walk-in closet are conveniently located on 1st floor. The 2nd floor has a spacious bdrm plus bonus room & a third full bath. The beautiful wooden beams on the ceiling & wide plank wood on the floors bring warmth to this open floor plan. The kitchen boasts a breakfast bar, floating shelves, quartz countertops & SS appliances. Off the kitchen is a large paver patio w/ another patio in the large, fenced-in backyard. Park your cars in the oversized driveway & head to restaurants, bars & shops downtown & the beautiful Belmar beaches. Come envision your new Chapter here!
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| Oct 7, 2022 | Sold | ||
| Sold | |||
| Aug 16, 2022 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Ocean | $799,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Ocean | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017