1
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8 Beach Ave
About This Property
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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 |
|---|---|---|---|
| May 29, 2020 | Sold | ||
| Sold | |||
| Mar 7, 2008 | Sold | ||
| Sold | |||
| Nov 29, 2006 | Listed by Century 21 North East | $524,921 | |
| Listed by Century 21 North East | |||
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OCEAN VIEWS - ONE HOUSE FROM THE WATER - ONLY STEPS TO THE BEACH!!! Grand Victorian situated on Salem Neck at the Willows. Breathtaking OCEAN VIEWS from virtually every room. Huge wrap around porch, 5 bedrooms, fireplaced living room, gas stove in dining room, hardwood floors, updated 1/2 bath, jacuzzi tub, turret with 2 round bedrooms surrounded with windows. SUPERB LOCATION!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017