129 Walton Gulfview 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 |
|---|---|---|---|
| Jun 8, 2021 | No longer available | - | |
| No longer available | |||
| May 30, 2021 | Price Decreased |
$1,350,000
↓ $35K
(2.5%) | |
| Price Decreased | |||
| May 27, 2021 | Listed by Engel & Volkers 30A Beaches | $1,385,000 | |
| Listed by Engel & Volkers 30A Beaches | |||
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'Sixth home from the Gulf, this luxury beach cottage has private deeded beach access directly across the street with NO crowds on the beach (yes, you heard that right, no crowds). Magnificent beach living in Seacrest on scenic 30a is just a quick stroll to Alys/ Rosemary Beach for all the East end amenities. This highly coveted low-density, culdesac street has sweeping gulf views and sits on the 30a bike path. Listen to the waves while entertaining around the outdoor fire pit for that ultimate oasis vacation experience. Elegantly furnished by 'Tracery' in RMB this beach home is turn-key and rental ready. No HOA allows for any quick changes or additions on this large, .16 private lot. Rental Projections at 89k and 130k with a pool, 2- car attached garage for an easy conversion. The manager has listed the unit size as 1248 square feet.
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| May 26, 2021 | No longer available | - | |
| No longer available | |||
| May 8, 2021 | Listed | $1,450,000 | |
| Listed | |||
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'Seacrest by the Sea' is a luxury beach cottage only 6 houses to the Gulf with private, DEEDED beach access. Imbibe the 30a lifestyle in the highly coveted East End within walking distance to Alys and Rosemary for shopping and dining. Enjoy the outdoor firepit while listening to the waves and entertaining guests at this quiet beach for that private oasis vacation experience.This exceptional property fits all 3 real estate criteria: location, location, location! No HOA allows for quick build out on any changes you want to make on this large, private lot. Rental projections up to 85k and significantly higher with a pool addition. Hard to find, attached 2 Car Garage is an additional 361 square footage for easy to convert space. Total under roof is 1609 square feet. The manager has listed the unit size as 1248 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017