16 Gulfside Way
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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Aug 3, 2023 | Listed by EXP Realty LLC | $1,049,000 | |
| Listed by EXP Realty LLC | |||
| May 16, 2023 | No longer available | - | |
| No longer available | |||
| Jan 6, 2023 | Listed by NextHome, Inc | $1,199,000 | |
| Listed by NextHome, Inc | |||
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100 Yards from the beach & south of Scenic Gulf Drive! 1st floor kitchen, full bath, dining / living room PLUS a 1st floor bedroom with two queen size beds. Parking for 4 cars and the beach is so close with no street. to cross This home is one of the larger floor plans in Gulfside Cottages featuring 3 stories, 3 Bedrooms and 3 full baths plus there is a loft with bunk beds and a trundle bed too, so it is more like four bedrooms. Plenty of room in the loft to watch TV or play games PLUS views of the Gulf from the panoramic windows. This home is perfect for a beach vacation , primary residence or second home. Design elements include wainscoting, a cupboard-door style pantry, kitchen farmhouse sink, quartz counters w/ glass tile backsplash, new electric stove, 2 new 50 gal. water tanks plus The manager has listed the unit size as 1934 square feet.
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| Dec 3, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017