231 Starboard
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 |
|---|---|---|---|
| Jan 25, 2025 | Listed | $245,000 | |
| Listed | |||
| | |||
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A darling, Beachside gem! This two bedroom two bath home not only has a south facing front porch, as a bonus, there is an east facing Florida room. It is newly renovated with a new subfloor, high-quality engineered flooring throughout and including the front porch, fresh paint, new air conditioning, and heating, all new kitchen top of the line appliances; range, refrigerator,, microwave. new hot water heater, and updated electrical switches.
Surfside estates is a ROC co-op beachside community, along the Intracoastal Waterway, where you own your lot-share and never pay rent. The community is located along the intercoastal waterway and just across the street from the beach. The low maintenance fee of $180 each month includes cable TV, high-speed Internet, lawn service, heated saltwater pool, two fishing piers and clubhouse. The clubhouse has a kitchen, pool tables, 86 inch TV, library, fitness center and shuffleboard. Along the Intracoastal, you will find a screened gazebo, fire pit, barbecue, benches, kayak racks and launch, and the covered fishing piers. With an active Social Club, you can choose from yoga, pool aerobics, an ice cream social, Bingo, pool teams, card tournaments, karaoke, dances, community breakfasts and potluck dinners, and so much more! Or take a walk, ride your bicycle, drive your golf cart, or motor over to enjoy the beauty and serenity of the Intercoastal Waterway and the beach. Either way, there seems to be something for everyone. This home is priced to sale and is certainly not to be missed.
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| May 3, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Relisted | $189,000 | |
| Relisted | |||
| Mar 11, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017