235 Silver Beach Road
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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%.
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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 |
|---|---|---|---|
| Dec 7, 2020 | Sold | ||
| Sold | |||
| Jun 23, 2020 | No longer available | - | |
| No longer available | |||
| Jun 12, 2020 | Price Decreased |
$205,000
↓ $4K
(1.9%) | |
| Price Decreased | |||
| May 13, 2020 | Listed by La Rosa Realty, LLC | $209,000 | |
| Listed by La Rosa Realty, LLC | |||
| | |||
|
Beautiful 3/2 in Lake Park. New bathrooms permitted and utility room included. This home is located within walking distance of Lake Park Harbor Marina. Two blocks from federal highway and the water. Fenced in back yard with area next to home to park your boat. The home features new baths along with new flooring and updated kitchen with new stainless steel appliances. Ideal home for first time homebuyers or for a second (vacation) home. Plenty of room for a pool. This home is also ideal for an investor looking to rent out home seasonally. The manager has listed the unit size as 1250 square feet.
| |||
| Mar 4, 2020 | Listed by La Rosa Realty Grt. Ft. Lauder | $200,000 | |
| Listed by La Rosa Realty Grt. Ft. Lauder | |||
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About Kelsey City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017