121 Seashore Drive
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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 20, 2018 | Sold | ||
| Sold | |||
| Mar 9, 2018 | Listed by Signature Properties of the Palm Beaches LLC | $649,900 | |
| Listed by Signature Properties of the Palm Beaches LLC | |||
| Nov 17, 2017 | Sold | ||
| Sold | |||
| Aug 23, 2017 | Listed by Prestige Properties Group LLC | $649,000 | |
| Listed by Prestige Properties Group LLC | |||
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This stunning newly renovated home has the best of everything. Located in 'The Bluffs' and within walking distance to the beach, this home is a spectacular representation of unparalleled building quality, making the buyer feel they are walking into a “new” property. Gourmet kitchen features all new Kitchenaid and Bosch appliances including all wood custom cabinets, induction cooktop and double oven/convection microwave. Fabulous quartz counter tops and oversized island are ideal for entertaining. All windows and sliders are new PGT impact resistant. The floors are an elegant Italian porcelain wood plank style. Master bath features an oversized 9 foot long shower with 3 shower heads and gorgeous free standing tub featuring a 12 inch 'waterfall' faucet that is beyond compare. Custom closets and designer fixtures complete the picture of a home of incomparable beauty and elegance rarely seen at this price.
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| Apr 17, 2017 | Sold | ||
| Sold | |||
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About The Bluffs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017