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2270 Hwy 87
About This Property
Seize a rare opportunity to own a premier piece of coastal real estate! This exceptional offering includes three spacious lots complete with utilities already in place and ready for your vision.
A county buyout lot sits directly in front of the property, permanently protecting your panoramic sightline of the water.
Situated just moments from the brand-new 1,000-foot fishing pier.
Minutes away from a public boat ramp and the neighborhood's favorite local bar and grill.
Enjoy world-class fishing, beachcombing, boating, and relaxed coastal living right at your doorstep.
Whether you envision building a custom dream beach home, establishing a private vacation getaway, or securing a high-potential investment property, this package delivers unmatched value.
Don't miss out on this rare find. Properties with protected views and utilities ready to go are hard to come by.
Bring us an offer today!
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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 |
|---|---|---|---|
| Jun 2, 2026 | Listed by eXp Realty LLC | $250,000 | |
| Listed by eXp Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017