1200 Mandalay Beach Road
About This Property
Just a short walk to the sand enjoy sun-soaked beach days anytime. Second-level oversized primary suite bathed with lots of natural light. The enclosed yard is perfect for BBQs, entertaining, or relaxing in privacy. Spacious layout, offering comfort and versatility for your dream design.
Endless Coastal Activities, walk or bike to Channel Islands Marina for boating & waterfront dining. Stroll to the Sunday Farmers Market for fresh local finds. Explore miles of pristine coastline, surfing, kayaking, and so much more! This is your chance to live the Beach Lifestyle you've always dreamed of.
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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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | Listed by Coldwell Banker Quality Properties | $1,700,000 | |
| Listed by Coldwell Banker Quality Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017