85 Beach Street
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 |
|---|---|---|---|
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 20, 2021 | Listed by Century 21 Farm & Forest | $184,900 | |
| Listed by Century 21 Farm & Forest | |||
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This in town home has undergone an extensive renovation and is ready for its new owners! This home has had many updates in the last few years not limited to but including: vinyl siding, windows, new garage door, house doors, covered porch, flooring, drywall, kitchen counters, heating system and more. The detached garage received a freshly poured concrete slab along with a stamped concrete walkway leading from the garage to the house. Inside you will find one bedroom on the main floor along with a very nice entryway, kitchen/dining area and the living room off of the dining room and complete the main floor. Moving upstairs you have two bedrooms with a bathroom and walk in closet in the master bedroom. Great area to raise a family with the elementary school, store, park, all within walking distance. Across the road is Baxter Park with a playground for kids also a tennis and basketball court, baseball fields and a skating area in the winter. The snowmobile trail also goes through the park giving you easy access to the VAST trail system.
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| Jan 31, 2020 | Sold | ||
| Sold | |||
| Oct 8, 2019 | Listed by Century 21 Farm & Forest | $85,000 | |
| Listed by Century 21 Farm & Forest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017