1302 Seashell 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 |
|---|---|---|---|
| Dec 26, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2023 | Listed by Carter Signature Properties | $659,900 | |
| Listed by Carter Signature Properties | |||
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Welcome to 1302 Seashell in Surfside Beach! A 3-bdrm home with split floorplan and 2 baths offers a beachfront paradise that's hard to resist. Situated on the front row of the pedestrian beach so you can grab your chair, and step down the stairs to indulge the sun and Gulf breeze. One of the highlights is the shaded deck, providing unobstructed views of the waves, surfers, and ships going in and out of port. It's the perfect spot to unwind and watch the world go by. For your convenience, there's an outdoor shower and outdoor entertaining space on the ground floor. This beachfront beauty isn't just a home; it's also a fantastic investment opportunity as it is sold furnished and has seen significant improvements including, roof, Central AC , subflooring/flooring, kitchen water filtration system, and fresh paint. It's a popular rental property, making it an excellent choice for those looking to generate income while enjoying it themselves. Schedule your appointment today!!
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| May 21, 2021 | Sold | ||
| Sold | |||
| Mar 31, 2021 | Listed by The Local Agents Real Estate | $395,000 | |
| Listed by The Local Agents Real Estate | |||
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Near the Surfside jetties and the jetty park, this home may have one of my favorite views in Surfside Beach. It definitely is on a great beach where no vehicles are allowed. You truly can put your toes in the sand. The deck opens off the living room and two of the bedrooms face the beach. Walk in to the vaulted living area that opens to the dining room and kitchen. To the right is the primary bedroom with washer and dryer and private bathroom, To the left of the living room are two bedrooms with an updated bathroom between them. It is a primary residence and during the high season, has been a rental. This home was moved to this location in 2007 and new siding, roof, windows, decking in 2008. Sit on the deck and watch the beach goers and huge ships come in and out of the jetties. You will love the experience and relaxing place this home provides.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017