1211 Ft Velasco Dr
About This Property
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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 23, 2021 | Sold | ||
| Sold | |||
| Jan 10, 2021 | Listed by Mega Realty | $239,000 | |
| Listed by Mega Realty | |||
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Take a COASTAL drive to SURFSIDE BEACH. Come and visit 1211 FT VELASCO DR. This Beauty will surely Impress your guest. It OFFERS A FULLY FURNISHED HOME WITH TWO BEDROOMS and ONE SPACIOUS BATH. The Kitchen offers a Kitchen sink window that looks out to a great view. This home has recently had the INTERIOR painted. NEW FLOORS through-out. There is a great DECK that Goes around FOUR SIDES of the home. The UPPER level DECK allows great beach views. Tanning, Reading, Working....This place is Ready for YOU! Owner is SELLING FULLY FURNISHED. Just come and relax in your very own retreat! This home INCLUDES TWO LOTS!! You are in walking distance to the jetty Park where you can enjoy watching the ships come and go. So, Do not miss this opportunity to call SURFSIDE BEACH YOUR HOME.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017