185 Sandy Shoes Drive
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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 |
|---|---|---|---|
| Oct 19, 2026 | Listed by Dale Sorensen Real Estate Inc. | $749,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by ONE SOTHEBY'S INT'L REALTY | $647,888 | |
| Listed by ONE SOTHEBY'S INT'L REALTY | |||
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Experience beachside living in this best priced beach home! Enjoy river sunsets and walks to the ocean from your private deeded beach access. Located on a quiet dead-end street, this property boasts a vaulted-ceiling open floor plan with a 1000 sqft paver deck surrounding the solar heated pool and spa. Revel in the beauty of hand-scraped oak flooring throughout. Retreat to the cozy family room for peaceful evenings. Upstairs, the tray-ceiling master bedroom features a spacious double vanity bath and a 220 sq ft sitting area accessed through French doors. Two additional bedrooms and a guest bath on the main floor, along with convenient laundry and backyard access, complete this well-maintained home. Located close to top-rated schools, this property offers easy access to the largest sea turtle nesting area in the western hemisphere. Minimal lawn maintenance ensures more time to enjoy the beach, river, pool, and spa. Welcome to the good life!
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| May 1, 2024 | Price Decreased |
$647,888
↓ $10K
(1.5%) | |
| Price Decreased | |||
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About Claytons
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017