141 Beachfront Dr
About This Property
This 2bd 2ba home is equipped with approx. 1860 sqft of spacious open concept floor plan. Feel the peaceful ocean breeze from multiple decks, while enjoying breathtaking panoramic views of the Beach and Colorado River. As you awake in the morning you can see it all from the many windows with automatic blinds in this huge primary BR. Home offers a large office area with striking views of the Colorado River. Plenty of storage for your beach toys in the large downstairs enclosure, with ample room for your mancave/game room. Under the home is the stainless-steel sink for fish cleaning and lots of room for gatherings. You are just steps away from the dunes, walking distance to fishing, the jetty park, the welcome center and the RV park. Conveniently located near boat ramps, restaurants and shops. Short term vacation rental allowed. Please enjoy the attached video tour.
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Cap Rate Calculator
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 30, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Price Decreased |
$360,000
↓ $60K
(14.3%) | |
| Price Decreased | |||
| Jan 4, 2024 | Price Decreased |
$420,000
↓ $105K
(20%) | |
| Price Decreased | |||
| Jan 4, 2024 | Relisted | $524,995 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017