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955 E 2nd
About This Property
Inside, the open-concept floor plan is filled with natural light and enhanced by new oak hardwood floors that flow through the expansive living room, dining room, and den, while refinished hardwood flooring adds warmth and authenticity to the spacious bedrooms. The oversized kitchen offers exceptional functionality and scale, complemented by new flooring, updated LED lighting throughout, and fresh interior paint that gives the home a crisp, sophisticated feel. Every detail has been carefully curated to honor the home's original architectural charm while embracing the needs of today's lifestyle.
Outdoor living is equally inviting with front and rear wood decks that create seamless spaces for entertaining or relaxing in the coastal air. A detached garage with a new garage door and an extended driveway accommodating multiple vehicles adds both convenience and practicality. Ideally located within close proximity to acclaimed restaurants, shopping, entertainment, and the beach, this is a unique opportunity to enjoy an exceptional blend of style, comfort, and walkable coastal living.
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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%.
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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 29, 2026 | In contract | - | |
| In contract | |||
| May 31, 2026 | Listed by Compass | $899,900 | |
| Listed by Compass | |||
| Dec 2, 2020 | No longer available | - | |
| No longer available | |||
| Nov 7, 2020 | Relisted | $699,900 | |
| Relisted | |||
| Nov 3, 2020 | No longer available | - | |
| No longer available | |||
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About Bixby Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017