46
Map
2386 Hwy 87
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 |
|---|---|---|---|
| Jul 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 15, 2026 | Listed by eXp Realty LLC | $849,500 | |
| Listed by eXp Realty LLC | |||
| Jun 10, 2026 | Price Decreased |
$899,000
↓ $40K
(4.3%) | |
| Price Decreased | |||
| Jun 1, 2026 | Listed by eXp Realty LLC | $939,000 | |
| Listed by eXp Realty LLC | |||
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Relax in style at this Beautiful Beachfront home featuring three balconies, a wraparound deck, and stunning views of the Gulf of Mexico! 4 Bedrooms & 3.5 Baths, this home can easily accommodate up to 19 guests (10 adults), making this an ideal place to call home for family gatherings or beach trips with friends. Large kitchen w/breakfast bar open to kitchen. Upstairs there are 4 Bedrooms. Outside there is over 1200 sqft of decking amongst the 1st and 2nd floors. New HotTub/Spa on Outdoor Patio overlooking beach!! The Beach is right out your back door!! Built on an oversized Lot. Use as a Rental Home or your Own. Discover everything this area has to offer, from local restaurants and shops to the Smith Oaks Sanctuary for birdwatching!
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| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017