183 Silver Beach Road
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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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | Listed | $399,000 | |
| Listed | |||
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Charming 4-Bedroom, 2-Bathroom Home in Riviera Beach, FL – A Beach Lover’s Dream! Discover this spacious and versatile property currently configured as two separate units—a 3-bed, 1-bath and a 1-bed, 1-bath—offering endless possibilities for family living, rental income, or your own custom setup. Enjoy the convenience of a 2-car carport plus parking for 3 more vehicles, along with a generous, well-maintained yard perfect for relaxation or entertaining. Ideally located just blocks from the beach, Blue Heron Bridge, and local shops—with no HOA fees—this home is a rare find. Schedule your showing today!
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| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by Fidelity Realty Advisors Inc | $239,900 | |
| Listed by Fidelity Realty Advisors Inc | |||
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3-bedroom, 2-bath home located just minutes from the exciting new NORA district development! With a little imagination this home could be transformed into a perfect starter home or an excellent investment opportunity. Situated in a rapidly growing area, this home is ideally positioned to take advantage of the upcoming NORA district, which promises new dining, shopping, and entertainment options just moments away. Whether you're a first-time homebuyer looking for a project or an investor seeking a valuable addition to your portfolio, this property is full of promise. With the right amount of love and updates, this home could shine once again and offer tremendous value in a prime location!
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Property Highlights
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About Plumosa Park Beach
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Crane Reed Properties, LLC
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R9987196
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017