927 N Concourse
About This Property
The first floor has 9-foot ceilings and offers room to expand the living space or keep the two first-floor bedrooms, making it great for multi-generational living. The second floor boasts 14-foot ceilings, a master bedroom, two additional bedrooms, and a full bathroom.
The full basement includes 8-foot ceilings, ready to become a playroom, gym or home theater, plus large attic with high ceilings. Enjoy the scenic views on the Sea Walk Trail, kids water park, Keyport Harbour. 15 minutes from ferry service to NYC.
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 20, 2024 | Listed by Keller Williams Realty East Monmouth | $565,000 | |
| Listed by Keller Williams Realty East Monmouth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017