148 Private Road 640
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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Dec 8, 2024 | Price Decreased |
$230,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Sep 23, 2024 | Price Decreased |
$235,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Aug 16, 2024 | Listed by Full Stringer Realty | $240,000 | |
| Listed by Full Stringer Realty | |||
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Coastal cottage located in Matagorda Bahia De Matagorda community! Small gated community near the beach with a pool and pool area. This cute cottage is a quad plex in its building with a front porch overlooking east bay. Close proximity to the pool area. This cute cottage is a quad plex in its building with a front porch overlooking east bay. Close proximity to the Matagorda beach where you can walk, swim, and enjoy the coastal breezes. Two-bedroom one bath with a loft for the family and friends. Nicely decorated interior with the coastal feel inside as well as enjoying the nature surrounding the property while sitting on the porch. Rental opportunity. Come and view this cute coastal get-away for your new Matagorda beach home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017