50
Map
16700 Montego Way
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 22, 2026 | Listed by Fred Paskell | $775,000 | |
| Listed by Fred Paskell | |||
| Sep 12, 2026 | No longer available | - | |
| No longer available | |||
| Aug 13, 2026 | Listed by Fred Paskell | $775,000 | |
| Listed by Fred Paskell | |||
| |||
|
Gorgeous, waterfront canal home in Jamaica Beach built in 2023 and thoughtfully designed for coastal living, entertaining, or use as a vacation rental. This 4 bedroom, 4.5 bathroom property features over 120 feet of canal frontage with a concrete paneled bulkhead and a 20 foot boat slip. The home offers a double wide driveway with parking for up to five vehicles, a one car garage, and a 50 amp EV charging circuit. Durable construction includes impact resistant windows and doors, James Hardie siding, PEX plumbing, and Trex composite decking on all deck areas including the boat slip. Inside you will find waterproof floating plank flooring, custom cabinetry, LED lighting, and a spacious kitchen with a large island, Bosch dishwasher, and KitchenAid appliances. Two 16 SEER HVAC systems, spray foam insulation, and a tankless water heater help maximize comfort and energy efficiency. Enjoy beautiful bay views from the upper deck.
| |||
| Apr 21, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | Listed by Sand N Sea Properties, LLC | $919,500 | |
| Listed by Sand N Sea Properties, LLC | |||
| | |||
|
New construction canal home in Jamaica Beach ready for spring & summer 2023. This 4 Bedrm / 4 & ½ Ba home was designed for family, friends or to be used as a resort rental. Property includes a new concrete paneled bulkhead, 20’ boat slip, double wide driveway (parking for 5 vehicles) w/1 car gar. & a 50 amp EV circuit. Closed & open cell foam insulation throughout, PEX plumbing, impact resistant windows & doors, Trex Select composite decking on all deck surfaces incl. boat slip, James Hardie ext. siding, waterproof floating plank flooring throughout and tankless hot water heater. Interior of home includes LED lighting, custom cabinetry, large island in kitchen and Bosch dishwasher, & KitchenAide appliances. Natural gas connections for kitchen range, tankless water heater. 2 x 16 SEER AC/Heating systems. Fantastic water front home with bay views from upper deck and over 120’ of water frontage. Designed with ease in maintenance and energy efficiency in mind.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017