789 Estuary Way
About This Property
This home has it all from stainless steel appliances, granite counter tops, and 42'' cabinets/light rail molding/indirect accent lighting in the kitchen and a custom tumble marble backsplash. * Home theater package (pre-wired for surround sound) in family room. Built in intercom * Structured wiring for TV, telephone and Ethernet in the On-Q box. *
A short distance to the beach and just minutes away from Atlantic Avenue (1.5 miles). It is the only house in Old Palm Grove with a deeded rear brick-paved driveway, which accommodates up to 4 cars.
Private schools in the area are available to choose as well as magnet schools.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 9, 2020 | Sold | ||
| Sold | |||
| Oct 15, 2019 | Listed by Coldwell Banker | $830,000 | |
| Listed by Coldwell Banker | |||
| Sep 15, 2019 | No longer available | - | |
| No longer available | |||
| Feb 13, 2019 | Price Decreased |
$830,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Dec 3, 2018 | Price Decreased |
$834,900
↓ $10K
(1.2%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Old Palm Grove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017