2230 Blue Water Highway
About This Property
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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 |
|---|---|---|---|
| Jun 22, 2023 | Sold | ||
| Sold | |||
| May 5, 2023 | Listed by Carter Signature Properties | $799,900 | |
| Listed by Carter Signature Properties | |||
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Experience the ultimate beach lifestyle in this stunning Surfside Beachfront home! This 3/4-acre property boasts a covered wrap-around deck, hurricane shutters, and an outdoor shower to rinse off after a day at the beach. Entertain in the open living space with a spacious kitchen, plenty of cabinets, and a breakfast bar. Sleeping up to 10 comfortably, the home features a primary bedroom with an ensuite and two additional bedrooms with beds and bunk beds. With over 1,750 sqft of living space, tile and laminate flooring cover the floors. Enjoy the convenience of the concrete pad for ground floor entertaining and a storage building for your beach toys. Take in the stunning views of the Gulf of Mexico from the gulf-view deck or living area windows. Don't miss out on the opportunity to live the beachfront dream!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017