1163 Russell Way
About This Property
The manager has listed the unit size as 13383 square feet.
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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 |
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| Nov 22, 2023 | No longer available | - | |
| No longer available | |||
| Oct 24, 2023 | Listed by LISTWITHFREEDOM.COM, INC. | $950,000 | |
| Listed by LISTWITHFREEDOM.COM, INC. | |||
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Beachfront Investment Property, unique partially built home, for less than the price of a similar Bayfront lot. Waterfront fixr-upr. ICF Concrete construction insulated, with some Andersen doors and windows, and amazing views from multiple porches and a roof-top infinity pool and hot tub. Information regarding # of bedrooms, baths, square footage etc has not been confirmed. Realtors welcome! Good solid structure but home needs a complete rehab. Probably worth somewhere between 5-6m complete. Over 1.2M has already been spent on materials. This place prior sold for 700k like 20years ago. Amazing Views Waterfront Lot Beachfront Bayfront Own Your Own Florida Beach. White sand beach. Good fishing Oysters, Scallops, Clams and much more living in abundance nearby. The manager has listed the unit size as 11300 square feet.
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| Sep 19, 2023 | No longer available | - | |
| No longer available | |||
| Aug 19, 2023 | Listed by Realty Hub | $450,000 | |
| Listed by Realty Hub | |||
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This extraordinary WATERFRONT lot has its own white sandy beach nestled on the bay. The Cara Bay community offers a gated entry and community dock. Value in land only. No value placed on home. The seller makes no warranties or representations about the property's condition. Buyer to verify all information deemed important. Seller is firm on purchase price. The manager has listed the unit size as 13383 square feet.
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| Aug 5, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017