123 Beach Drive
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 |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Jun 12, 2023 | Listed by The Local Agents Real Estate LLC | $699,900 | |
| Listed by The Local Agents Real Estate LLC | |||
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Experience beachfront bliss at 123 Beach Drive in Surfside Beach, TX. This 4-bed, 2.5-bath house offers easy beach access, ample deck space, and great rental potential. Located on the pedestrian beach, this charming retreat awaits your personal touch. Don't miss this opportunity to own a beachfront gem in a popular vacation spot. Schedule a showing today! The property is an active vacation rental, and showings may be limited. Feel free to reach out so we can coordinate available dates.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017