23 South Blvd
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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Relisted | $1,499,000 | |
| Relisted | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Compass | $1,499,000 | |
| Listed by Compass | |||
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The rarest of opportunity to own a stunning, fully-furnished turnkey waterfront/beachfront property in the heart of Shell Pointe. Spectacular harbor views and beyond from nearly every room. The sandy beach, restaurants, village and festivals are steps away, and it’s about an hour to TF Green Airport and the Providence AmTrak station. Huge covered front porch with open deck above, large windows throughout and an open floor plan fully capture stunning views! The game room/guest suite has its own covered turret porch, wrapping around to an open deck your dogs will love for keeping an eye on the neighborhood, as well as radiant heated bamboo floors and a gas fireplace. With 5 bedrooms and 5 baths, this gracious home offers the perfect place for family gatherings, as well as an opportunity for great rental income. Off-street parking and two-car garage add to the uniqueness of this magnificent home. Move in or rent it tomorrow!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017