130 Waters Edge Lane
About This Property
This beautiful Seaside home has been extensively updated since July 2019 NEW; kitchen with upgraded granite, stainless steel appliances, LED lights under kitchen counter, SS ''BIG''sink, Both Bathrooms including Granite tops, and Master Shower, ceiling fans throughout, Water heater, AC unit & Air Handler, interior flooring and paint thru out, Exterior lighting, Nest Thermostat, garage door & My Q GDO installed and a Terminex Termite bond. This 4 Bed, 2 bath split plan is bright and airy, has Vaulted Ceilings, open floorplan, all 4 bedrooms accommodate king beds, Interior laundry room, Screened in covered porch to take in the ocean breezes. New Tile Roof 2006, Exterior Paint and Landscaping 2012, Gutters 2009. SHORT walk to the beach.
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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 |
|---|---|---|---|
| Feb 2, 2021 | Sold | ||
| Sold | |||
| Dec 12, 2020 | Listed by Coldwell Banker Paradise | $434,900 | |
| Listed by Coldwell Banker Paradise | |||
| Apr 26, 2020 | No longer available | - | |
| No longer available | |||
| Apr 9, 2020 | Listed by Coldwell Banker Paradise | $424,900 | |
| Listed by Coldwell Banker Paradise | |||
| Mar 18, 2020 | Price Decreased |
$424,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
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About Seaside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017