1616 Sandy Beach Road
About This Property
Escape the hustle and bustle and step into a private retreat designed with timeless rustic charm and open concept living. This property has been meticulously maintained with updated appliances, additional custom cabinetry, paint, and recently installed Anderson windows.
The private outdoor oasis allows for a sprawling garden with outdoor entertainment featuring a 30x20 metal building for workshop, extra storage building and plenty of room for chickens! Conveniently located minutes from Eagle Mountain Lake and 20 minutes from Fort Worth!
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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 |
|---|---|---|---|
| Dec 31, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Listed by Fathom Realty, LLC | $325,000 | |
| Listed by Fathom Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017