1935 N Ocean Shore BOULEVARD
About This Property
Situated high and dry in flood zone X on the coveted North end of town with 2019 AC and a 2023 water heater, you can just sit back, relax, and enjoy beach life. Flagler Beach is a quaint, "lost in time" little beach town with golf cart friendly streets, dog friendly beaches, and local shops and restaurants. Come check out the lifestyle of Flagler Beach! Square footage received from tax rolls. All information intended to be accurate but cannot be guaranteed.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017