89 Long Beach
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 |
|---|---|---|---|
| Aug 22, 2018 | Sold | ||
| Sold | |||
| Apr 6, 2018 | Listed by Coldwell Banker Realty - Andover | $350,000 | |
| Listed by Coldwell Banker Realty - Andover | |||
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Long Beach memories are built here! The ocean is calling you to come see this darling 4 bedroom cottage that you can lovingly call your "summer home" Neat as a pin & very well maintained, this cottage boasts a brand new roof, newer bathroom, windows and siding. Spend your lazy summer days in this bright and cheery cottage, sleeps 12 comfortably. Common sense floor plain lends itself to handling a large crowd without feeling cramped or closed in. Gather the brood around the large dining room for those traditional New England lobster pot dinners with those you love. Long term rental history supports a substantial profit margin for the wise investor. When you're not down on the beach, sprawl out in the large living room with plenty of comfy couches & chairs, or take an afternoon snooze in the separate family room.Create an "outdoor room" on either the front or back deck, ideal for fresco dining & evening chats. Attic Fan. 3 off street parking. Full walk out basement.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017