11220 Schwartz Drive
About This Property
Affordable options on the beachside don't come on the market often. Better Living Awaits!
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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 26, 2021 | Sold | ||
| Sold | |||
| Nov 25, 2020 | Listed by RE/MAX Leading Edge | $69,000 | |
| Listed by RE/MAX Leading Edge | |||
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Sunny Beach - Beachside lot with city services. May offer a peak at the beach. City recently added city sewage service to the street. This lot is located in the first small subdivision past the seawall - easy commute in and out of town! Owner is Texas Realestate broker
Affordable options on the beachside don't come on the market often. Better Living Awaits!
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About Sunny Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017