13861 Rea Road
About This Property
living. Nestled on almost an acre, this 4 bedroom 3.5 bath home offers a restful retreat close to the beach. The modern architecture, featuring clean lines & natural materials, was designed to bring the outdoors in with walls of windows. Inside, an open floor plan connects the living, dining, kitchen and 3 season room-perfect for indoor/outdoor entertaining. The luxurious 1st floor master suite offers a spa-like retreat, with a second master suite on the upper floor. The artisan finishes thorough-out the home make it one of a kind. Experience the best of modern living in this exceptional property. Plenty of room for a pool or a short walk to Harbert Beach (use beach path at road end) $1,499,000
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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 11, 2025 | Sold | ||
| Sold | |||
| Mar 10, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Listed by RE/MAX Harbor Country | $1,499,000 | |
| Listed by RE/MAX Harbor Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017