228 SAN NICOLAS Way
About This Property
Intracoastal waterway, waterway park, gated entry, walk to beach. Very well managed, the community is meticulously maintained! Concrete construction in excellent condition!
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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 |
|---|---|---|---|
| May 21, 2015 | Sold | ||
| Sold | |||
| Feb 12, 2015 | Listed by SCHEIRER REALTY, INC. | $339,500 | |
| Listed by SCHEIRER REALTY, INC. | |||
| Mar 5, 2012 | Listed by SCHEIRER REALTY, INC. | $299,900 | |
| Listed by SCHEIRER REALTY, INC. | |||
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Fabulous south exposure lakefront patio home in the beautiful community of Ocean Palms. Nestled between the ocean & Intracoastal waterway. This home has 10ft ceilings, crown molding, gas appliances, huge lakefront lanai, open floorplan & is in perfect condition! POsh master retreat w/2 walk in closets, DBL vanities, Large shower. Concrete construction with stucco exterior. Gated Community with pool, playground, Intracoastal park & fishing dock, picnic areas & just a few minute walk to the beach. Landscape maintenance is included in HOA fee. A great buy at the BEACH!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017