2324 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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Oct 15, 2022 | Listed by The Local Agents Real Estate LLC | $900,000 | |
| Listed by The Local Agents Real Estate LLC | |||
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VOTE TODAY FOR THIS HOME TO HOLD AN OPEN HOUSE. MAKE YOUR CHOICE KNOWN. Strike up the band. This is an amazing home and location with a walk-over to the beach as well as an elevator. This home has storage and an outdoor shower under the house. You enter the home's living area with full size windows looking toward the beach, the stairs are to the left and there is storage, a bedroom, and a full bath as well as the kitchen which all open to the living area. Upstairs, two bedrooms face the beach and have access to the upper deck. There are two bedrooms to the left of the hall with a full bath between them, and to the right are two more bedrooms with a bathroom between them. From the upper deck, you will enjoy the views to Treasure Island to the left side and to the Surfside Jetties to the right. If you have been waiting for a home with room to relax with friends and family on the beach, this is it. This has been used only by family and friends, not in a rental pool.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017