1504 Tamiami Road
About This Property
Welcome Home to this Immaculate Ranch style- located in desirable Forked River Beach of Lacey. Vaulted Ceilings through out- Freshly Painted, New Floors and one year old roof. This home is conveniently located minutes from GSP, beautiful marinas & walking distance to waterfront community park. Move right in to this Spacious & well Maintained 3b/1b and start enjoying all the shore life has to offer.
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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 |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Relisted | $365,000 | |
| Relisted | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | Price Decreased |
$365,000
↓ $34K
(8.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017