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290 Atlantic Ave, East Rockaway, NY 11518 — $325,000 · 1bd · ~0.8% rule | OnePercent

290 Atlantic Ave, East Rockaway, NY 11518

$325,000

Home·East Rockaway 11518·290 Atlantic Ave, East Rockaway, NY 11518

Last confirmed 3 days ago

290 Atlantic Ave, East Rockaway, NY 11518

1 bd · 1 ba · 782 sqft · built 1961 · East Rockaway · COOP·source listing ↗

$325,000

rent, three ways

OnePercent model (vv1)$2,555/mo

p10–p90 confidence band

HUD Fair Market Rent · 11518 · 1BR$2,350/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Nassau

Flood risk indexRelatively Moderate FEMA NRI

Median household income$117,052

Median area rent$2,499/mo

Median home value$588,100

the verdict

0.79%vs 0.7% target

financing: 20% down · — (FRED, live) · 30yr

$325,000

0.79% · rent $2,555

Intrinsic value · income approach

$453,952

28% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.