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207 SAND CLIFFS
About This Property
Welcome to SeaRenity. Start making your own family memories in this well designed home. It has been a primary home 26 years and served as a beach home for the extended family. All three levels have their own unique lure with front Gulf and back tropical views. Only steps from a dedicated beach access you can enjoy the sun and return for more family time on one of three decks or patio area. Insurable roof, Anderson windows and structural architectural design features make this the perfect storm haven. Two bedrooms and a Jack n Jill bath, an extended garage with plenty of storage and a large patio area with a well built outdoor shower make up the entry level. The main floor boasts a large great room and dining area with new stainless appliances in a functional kitchen that opens onto an expansive screened deck area. The master bedroom is functionally designed to flow from the bedroom through the master bath into a large walk through closet where you slide open a pocket door to reveal the laundry room with folding area, cabinets and butler's pantry area just off the kitchen. There is no shortage of area to view the Gulf or a great sunset. Off the master is a 6 X 6 deck as well as a 22 X 12 deck off the Great Room. Up the stairs are two loft rooms that can be office or bedroom space and full bath.
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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 27, 2017 | Sold | ||
| Sold | |||
| Mar 13, 2017 | Listed by Keller Williams Success Realty | $899,000 | |
| Listed by Keller Williams Success Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017