148 Norwood Drive
About This Property
The manager has listed the unit size as 4455 square feet.
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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 |
|---|---|---|---|
| Sep 28, 2023 | No longer available | - | |
| No longer available | |||
| Jun 10, 2023 | Price Decreased |
$3,490,000
↓ $250K
(6.7%) | |
| Price Decreased | |||
| May 27, 2023 | Listed by EXP REALTY LLC | $3,740,000 | |
| Listed by EXP REALTY LLC | |||
| | |||
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Don't miss this prime opportunity--Coastal Charmer is an impressive vacation rental with projections exceeding $360K! The seller's willingness to pursue creative financing solutions and offer the buyer a brand new golf cart really amplifies the appeal of this investment. You can enjoy views of the Gulf of Mexico and the ideal location, just 30 feet from a beach access point & gorgeous white sand.Boasting 8 bedrooms, 8.5 bathrooms, and two living rooms, Coastal Charmer comfortably accommodates up to 26 guests within its 4,455 sq. ft. of living space. Every room is thoughtfully designed to provide maximum comfort and luxury. Outdoors, you can enjoy the relaxing hot tub with its cascading waterfall flowing into the heated pool - an oasis that will make every guest swoon. This property.... The manager has listed the unit size as 4455 square feet.
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| Oct 7, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017