10 Cinnamon Beach Place
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 |
|---|---|---|---|
| Mar 25, 2020 | Sold | ||
| Sold | |||
| Jan 1, 2020 | Listed by Re/Max Select Professionals | $835,000 | |
| Listed by Re/Max Select Professionals | |||
| Jan 14, 2019 | Listed by REMAX SELECT PROFESSIONALS | $899,000 | |
| Listed by REMAX SELECT PROFESSIONALS | |||
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Fabulous lake front pool home in Cinnamon Beach is perfect for your family vacations or a fantastic investment with great short-term rental potential. This 3-story home offers a master suite on every level and a guest suite on the second level. The 2 Living rooms are on the 1st and 3rd floors which gives everyone room to spread out. The first floor living room is open to the 2nd floor loft with 21-foot ceiling and plenty of natural light. The kitchen with island and breakfast bar is open to the 3rd floor living room and dining room. Large balconies on both floors offers beautiful lake views and ocean breezes overlooking your large pool, spa and paver decking. Resort style living with 2 pools, one on the ocean and one the lake, clubhouse, fitness facility and café.
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| Nov 18, 2018 | No longer available | - | |
| No longer available | |||
| Aug 13, 2018 | Listed | $969,000 | |
| Listed | |||
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Stunning pool home by the ocean in Cinnamon Beach! Ideally situated just steps from the beach, this gorgeous lakefront home offers almost 4000 sq. ft. of living space, master suites on each of the 3 floors, a relaxing heated pool and hot tub, loads of natural light, ocean breezes, wraparound balconies and panoramic water views! The ground level features a magnificent grand room with giant windows and ceilings that soar nearly 25' high, and a luxurious master suite with access to the pool and patio. On the loft-style 2nd floor, you'll find another master suite with access to huge balcony, as well as a comfortable guest suite with ocean views. The top floor is the ultimate gathering space, with a wide-open layout that features an island kitchen, bar seating, dining area and living area. The 3rd master suite on this level offers breathtaking views, tub, and walk-in shower. Short walk to beach, pools, fitness center, bar/grille and more! Perfect for vacation, rental or full-time living! The manager has listed the unit size as 3873 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017