$525,000
●
Multifamily -
Off Market
Studio
0 Bath
1,808 Ft²
$777,148
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Vacation Rental currently at 100% Occupancy. Seller is an Air b-N-b
"Super-Host"!Investors Dream! Professionally Managed & Maintained
with all State & City required licenses. Fully turn-key business.
Walk or Bike to to the waterfront activities, beaches, shops,
restaurant and pub. Resort style pool & back yard. Located in a
peaceful residential and friendly neighborhood. Repeat customers
and booked business. Boutique Motel plenty of room for improvement.
8 parking spaces. Due to risks of transmitting viruses and with an
abundance amount of caution, Interior Inspections will be granted
after going to contract. Please respect the occupants right of
privacy and enjoyment. Please see photos. Legal Triplex approved
for four separate units to be rented short term. only main house
has central ac
Unit Size
1,808 Ft²
Days on Market
-
Land Size
-
Price per sqft
$318
Property Type
Multifamily
Property Taxes
$591
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Beaches MLS #F10209565)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jan 3, 2020 | Listed by EXP Realty LLC | $574,900 | |
| Listed by EXP Realty LLC | |||
Property Highlights
Parking Details
Parking: 8 Spaces
Interior Details
Flooring Type: Ceramic Floor
Exterior Details
Listing Terms: Cash Only
Construction Type: Concrete Block Construction, Cbs Construction
Exterior Features: Deck
Lot Features: Less Than 1/4 Acre Lot
Financial Details
Total Taxes: $7,086
Tax Year: 2018
Possession Information: Funding, Subject To Lease
Utilities Details
Heating Type: No Heat
Cooling Type: Ceiling Fans, Central Cooling, Electric Cooling, Wall/Window Unit Cooling
Sewer Septic: Municipal Sewer
Location Details
Location: US 1 to 4th Street make right to 23rd Ave make left
Subdivision Complex Building: Beachway Manor 22-8 B
Water Description: Municipal Water
Zoning Information: RD-1
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Closing Price
Sold On
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HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Currently no similar homes around
Listed by: Kevin Berman
EXP Realty LLC
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10209565
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
EXP Realty LLC
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10209565
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017