Wake up to the sound of the ocean in this beachside gem just steps
from the Atlantic Ocean! This single family home offers 2 BR, 2 BA,
and 2 car garage, making it the perfect coastal retreat for
full-time residents, or an investment opportunity. Inside, the home
is ready for your personal touch and updates - an ideal canvas to
create your dream beach home exactly the way you envision it.
Fenced in backyard provides privacy and space for
entertaining, pets, or simply relaxing. The amenities are
truly exceptional and designed for a resort style lifestyle -
enjoy private beach access via a private walkover, indoor heated
pool, hot tub, dry sauna, locker rooms, and fitness center.
Outdoors find an additional pool, a Marina with boat launch,
and convenient boat and RV storage lot - perfect for those who love
life on the water. Whether you're looking for a weekend getaway or
a full-time coastal lifestyle, this property offers unbeatable
location incredible amenities and endless potential
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.
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