73 E DEWEES Avenue E
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 29, 2017 | Sold | ||
| Sold | |||
| Feb 27, 2017 | Listed by RE/MAX SPECIALISTS | $525,000 | |
| Listed by RE/MAX SPECIALISTS | |||
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This home offers a unique opportunity in Atlantic Beach to own a one of a kind home just steps to the beach. This is not your cookie cutter home but rather an oasis, nestled amongst mature trees and vegetation perfect for an artist or writer. The main/entry level includes a private bedroom/bath plus a large area that could be converted to a 3rd bedroom and family room. Vintage Beach Styling on the 2nd floor is evident in the soaring ceilings encompassing the 2 story spacious living room opening to the dining area and spacious kitchen and above to the private Master Bedroom on the 3rd floor, all awash with natural light. Multiple decks surround the home as well as a sky deck topping it all with views to the ocean and the stars at night. See ''More'' comment section. It has the potential to easily be renovated to an up to date beach retreat. Currently zoned as multi-family property. Buyer to confirm for further purposes. Bring your buyers who want that beach vibe or your investors that want to strike while the iron is hot in Atlantic Beach!
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| Sep 1, 2016 | Listed by THE CONDO GROUP LLC | $750,000 | |
| Listed by THE CONDO GROUP LLC | |||
| Jul 25, 2016 | Listed by THE CONDO GROUP LLC | $750,000 | |
| Listed by THE CONDO GROUP LLC | |||
| Apr 17, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017