163 LOOKOUT Drive
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 |
|---|---|---|---|
| Jan 17, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2023 | In contract | - | |
| In contract | |||
| Apr 28, 2023 | Listed by REALTY EXCHANGE, LLC | $291,500 | |
| Listed by REALTY EXCHANGE, LLC | |||
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Location is key! Nestled between the Atlantic Ocean and the Intracoastal waterway, Surfside Estates is a 55+ Manufactured home community in Beverly Beach, FL. This 2 bed 2 bath home is fully remodeled and is well maintained, offering 1152 sq ft with an open floor plan. It has an enclosed Florida room, covered carport, laundry/ storage room. Completely move in ready with new cabinets, countertops and fixtures. Beautiful luxury laminate flooring through out. Both bathrooms remodeled with new vanities. Surfside Estates is a pet friendly, Resident Owned Community meaning there is no lot rent. The monthly maintenance fee is $160/per month which includes basic internet/cable, yard maintenance and use of all the facilities. There is an in-ground pool, fitness room, library, shuffleboard court and rooftop deck. The Social Club offers many activities to get involved as much or as little as you like. Friday night bingo, men's cards, pool tables and large screen TV for all your sporting events. Exercise classes include morning Yoga, Sweat to the Oldies and water aerobics. Walk to the beach across the street or walk to one of the 2 docks to enjoy fishing or just relax and enjoy sunsets or watch the boats and dolphins go by. There is kayak storage, a BBQ Pit and gazebo with a view of the Intracoastal. Come grab your slice of paradise!
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| Sep 16, 2020 | Sold | ||
| Sold | |||
| Aug 12, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017