$679,088*
●
Condo -
Off Market
1550 Salter Path Road #408
Indian Beach, NC 28512
3 Beds
3 Baths
1,657 Ft²
$594,000 - $724,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Beautiful water views from this gorgeous 3 bedroom, 3 bath fourth
floor sound front condo in The Nautical Club. This condo is
beautifully furnished and has a spacious and open floorplan with
each bedroom having its own bath. Top quality details such as
granite countertops, luxury vinyl flooring, tiled baths, crown
molding, walk-in closet, sound front deck, large covered
balcony common area with ocean views, nearby elevator. Updates
include storm door in 2017, LVP flooring, microwave, and
dehumidifier in 2019, Refrigerator in 2020, HVAC, small
refrigerator, and a Dyson vacuum in 2021. Amenities include a
fitness room, game room, library, event room, kitchen, outdoor
pool, boat ramp, boat day dock/pier, boat/kayak storage area, and a
meeting room for owners and guests. Dues include the exterior
insurance. Never been rented but could be put on the rental
market.
The manager has listed the unit size as 1657 square feet.
The manager has listed the unit size as 1657 square feet.
Unit Size
1,657 Ft²
Days on Market
-
Land Size
-
Price per sqft
$398
Property Type
Condo
Property Taxes
-
HOA Dues
$7,596
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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 |
|---|---|---|---|
| Mar 29, 2023 | No longer available | - | |
| No longer available | |||
| Mar 20, 2023 | Listed | $659,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/16/2024
|
3 Bed
|
3 Bath
|
1789 ft²
|
$725,000
3 Bed
3 Bath
1789 ft²
|
-
-
|
Charles Elliott
Bluewater Real Estate AB
| |
|
02/07/2024
|
3 Bed
|
3 Bath
|
1657 ft²
|
$644,900
3 Bed
3 Bath
1657 ft²
|
$600,000
-6.96%
09/23/2024
|
Jennifer Dwyer
World Properties Int'l Dwyer &
| |
|
07/28/2023
|
3 Bed
|
3 Bath
|
1655 ft²
|
$675,000
3 Bed
3 Bath
1655 ft²
|
-
-
|
Tania Higgins
Eastern Carolina Properties
| |
|
05/23/2023
|
3 Bed
|
3 Bath
|
1657 ft²
|
$725,000
3 Bed
3 Bath
1657 ft²
|
-
-
|
Jennifer Dwyer
World Properties Int'l Dwyer &
| |
|
03/20/2023
|
3 Bed
|
3 Bath
|
1657 ft²
|
$659,000
3 Bed
3 Bath
1657 ft²
|
-
-
|
Martha Gay Martin
Sun-Surf Realty
| |
|
02/26/2023
|
3 Bed
|
3 Bath
|
1789 ft²
|
$724,900
3 Bed
3 Bath
1789 ft²
|
-
-
|
Amanda Crittenden
High Tide Property Group
| |
|
01/17/2023
|
3 Bed
|
3 Bath
|
1655 ft²
|
$684,000
3 Bed
3 Bath
1655 ft²
|
-
-
|
Toni Higgins
Eastern Carolina Properties
| |
|
06/30/2022
|
3 Bed
|
3 Bath
|
1779 ft²
|
$675,000
3 Bed
3 Bath
1779 ft²
|
-
-
|
Bradberry Garner Real Estate
Keller Williams Crystal Coast
| |
|
05/13/2022
|
3 Bed
|
3 Bath
|
1655 ft²
|
$599,999
3 Bed
3 Bath
1655 ft²
|
-
-
|
Syndie Earnhardt
Bluewater Real Estate EI
| |
|
05/04/2022
|
3 Bed
|
3 Bath
|
1655 ft²
|
$572,000
3 Bed
3 Bath
1655 ft²
|
-
-
|
Judy Baran
Baran Properties
| |
|
03/22/2022
|
3 Bed
|
3 Bath
|
1580 ft²
|
$574,900
3 Bed
3 Bath
1580 ft²
|
-
-
|
Mary Cheatham King Real Estate team
Keller Williams Crystal Coast
| |
|
01/14/2022
|
3 Bed
|
3 Bath
|
1655 ft²
|
$588,000
3 Bed
3 Bath
1655 ft²
|
-
-
|
Mykel Andrew Stanley
RE/MAX Homestead
| |
|
10/20/2021
|
3 Bed
|
3 Bath
|
1647 ft²
|
$599,999
3 Bed
3 Bath
1647 ft²
|
-
-
|
Scott McAloon
RE/MAX Ocean Properties
| |
|
10/20/2021
|
3 Bed
|
3 Bath
|
1553 ft²
|
$569,900
3 Bed
3 Bath
1553 ft²
|
-
-
|
Carla Buckhold
Bogue Banks Realty, Inc
| |
|
10/10/2021
|
3 Bed
|
3 Bath
|
1789 ft²
|
$623,900
3 Bed
3 Bath
1789 ft²
|
-
-
|
Martha Gay Martin
Sun-Surf Realty
| |
|
09/23/2021
|
3 Bed
|
3 Bath
|
1655 ft²
|
$530,000
3 Bed
3 Bath
1655 ft²
|
-
-
|
Maj-Britt Johnson
Keller Williams Crystal Coast
| |
|
07/05/2021
|
3 Bed
|
3 Bath
|
1655 ft²
|
$496,500
3 Bed
3 Bath
1655 ft²
|
-
-
|
Dalma Uzzle
Bluewater Real Estate AB
| |
|
06/07/2021
|
3 Bed
|
3 Bath
|
1655 ft²
|
$489,900
3 Bed
3 Bath
1655 ft²
|
-
-
|
Judy Baran
Baran Properties
| |
|
05/14/2021
|
3 Bed
|
3 Bath
|
1655 ft²
|
$489,000
3 Bed
3 Bath
1655 ft²
|
-
-
|
-
| |
|
04/11/2021
|
3 Bed
|
3 Bath
|
1657 ft²
|
$469,000
3 Bed
3 Bath
1657 ft²
|
-
-
|
-
| |
|
11/06/2020
|
3 Bed
|
3 Bath
|
1515 ft²
|
$449,900
3 Bed
3 Bath
1515 ft²
|
-
-
|
-
| |
|
10/22/2020
|
3 Bed
|
3 Bath
|
1655 ft²
|
$459,900
3 Bed
3 Bath
1655 ft²
|
-
-
|
-
| |
|
09/28/2020
|
3 Bed
|
3 Bath
|
1655 ft²
|
$430,000
3 Bed
3 Bath
1655 ft²
|
-
-
|
-
| |
|
07/09/2020
|
3 Bed
|
3 Bath
|
1655 ft²
|
$449,000
3 Bed
3 Bath
1655 ft²
|
-
-
|
-
| |
|
06/09/2020
|
3 Bed
|
3 Bath
|
1655 ft²
|
$450,000
3 Bed
3 Bath
1655 ft²
|
-
-
|
-
| |
|
02/13/2020
|
3 Bed
|
3 Bath
|
1661 ft²
|
$440,000
3 Bed
3 Bath
1661 ft²
|
-
-
|
-
| |
|
01/23/2020
|
3 Bed
|
3 Bath
|
1655 ft²
|
$435,000
3 Bed
3 Bath
1655 ft²
|
-
-
|
-
| |
|
01/19/2020
|
3 Bed
|
3 Bath
|
1618 ft²
|
$449,900
3 Bed
3 Bath
1618 ft²
|
-
-
|
-
| |
|
09/25/2019
|
3 Bed
|
3 Bath
|
1655 ft²
|
$460,000
3 Bed
3 Bath
1655 ft²
|
-
-
|
-
| |
|
05/09/2019
|
3 Bed
|
3 Bath
|
1789 ft²
|
$399,900
3 Bed
3 Bath
1789 ft²
|
-
-
|
-
| |
|
09/06/2018
|
3 Bed
|
3 Bath
|
1655 ft²
|
-
3 Bed
3 Bath
1655 ft²
|
-
-
|
-
| |
|
08/30/2018
|
3 Bed
|
3 Bath
|
1779 ft²
|
-
3 Bed
3 Bath
1779 ft²
|
-
-
|
-
| |
|
08/08/2018
|
3 Bed
|
3 Bath
|
1655 ft²
|
-
3 Bed
3 Bath
1655 ft²
|
-
-
|
-
| |
|
05/16/2018
| |
3 Bed
|
3 Bath
|
1655 ft²
|
-
3 Bed
3 Bath
1655 ft²
|
-
-
|
-
|
|
05/16/2018
|
3 Bed
|
3 Bath
|
1789 ft²
|
-
3 Bed
3 Bath
1789 ft²
|
-
-
|
-
| |
|
05/03/2018
|
3 Bed
|
3 Bath
|
1789 ft²
|
-
3 Bed
3 Bath
1789 ft²
|
-
-
|
-
| |
|
05/02/2018
|
3 Bed
|
3 Bath
|
1789 ft²
|
-
3 Bed
3 Bath
1789 ft²
|
-
-
|
-
| |
|
02/06/2018
|
3 Bed
|
3 Bath
|
1789 ft²
|
$440,000
3 Bed
3 Bath
1789 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
3 Bed
|
3 Bath
|
1655 ft²
|
-
3 Bed
3 Bath
1655 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017