15 MILLIE Drive
About This Property
Hannah Trace is undoubtedly a quiet well located neighborhood and a short walk to restaurants , shops and the sandy white beaches!!
Some features are; travertine floors and black granite countertops in kitchen, bamboo wood floors in living area and bedrooms, 3 skylights, a 4 year new roof, classic brick wood burning fireplace , gas powered generator included and more features sure to appeal to that special Buyer. And NO HOA! From the Seller:
" Living here is really amazing! It's just half a mile walk to the beach, so you can go there and watch the sunrise , or take a jog in the sand. There are so many restaurants nearby , and many of them deliver, so choices for food are endless. There's a whole food two blocks away, and a Trader Joe's and Publix 1.5 miles down the road. There's a GREAT park close by that kids love! Many people walk or ride their bikes around this area and are very friendly happy to chat. It's a welcoming , small-town vibe right next to the ocean!"
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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%.
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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 |
|---|---|---|---|
| Aug 12, 2021 | Sold | ||
| Sold | |||
| Jul 5, 2021 | Listed by FLORIDA HOMES REALTY & MTG LLC | $450,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Oct 19, 2011 | Sold | ||
| Sold | |||
| Jan 21, 2011 | Listed by FLORIDA HOMES REALTY & MTG LLC | $138,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Oct 28, 2009 | Listed by COUNTRY CLUB REAL ESTATE | $240,000 | |
| Listed by COUNTRY CLUB REAL ESTATE | |||
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Solid home built with concrete block and brick,just what a beach home should be. Huge family/great room perfect for any gathering. Cement fish pond (not used)ready to be filled for your relaxation and enjoyment. Fenced back yard,large front yard in an established beach neighborhood. Home is rented.
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017