140 MARSH Point
About This Property
Your new waterfront property offers 1.22 acres of land with 324 feet of frontage on the finger canal and direct access to the Intracoastal Waterway.
Flagler Water and Sewer. You choose your own builder (must be approved by ARB) with no build time requirements. Easy access to I95, A1A, schools, and world-class medical facilities. Schedule your showing today!
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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 15, 2024 | Price Decreased |
$695,000
↓ $104K
(13%) | |
| Price Decreased | |||
| May 1, 2024 | Listed | $799,000 | |
| Listed | |||
| | |||
|
340’ WATERFRONT CANAL WITH AMAZING INTRACOASTAL VIEWS IN BEAUTIFUL SEASIDE LANDINGS GATED COMMUNITY – 1.2 acre homesite at the end of the cul-de-sac – brand new 340’ concrete seawall recently installed. Bring your boat and build your Dream Home on this 1+ acre unique homesite with Direct Access to the Intracoastal Waterway. Flagler Beach is just 5 minutes away!
| |||
| Apr 17, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2022 | No longer available | - | |
| No longer available | |||
| Sep 1, 2022 | Listed by CHAD AND SANDY REAL ESTATE GROUP | $489,000 | |
| Listed by CHAD AND SANDY REAL ESTATE GROUP | |||
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About Flagler
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017