2401 SE 9th Street
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%.
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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 |
|---|---|---|---|
| May 4, 2021 | Sold | ||
| Sold | |||
| Dec 10, 2020 | Listed by Skywater Estates Inc | $1,349,000 | |
| Listed by Skywater Estates Inc | |||
| Jun 3, 2019 | No longer available | - | |
| No longer available | |||
| May 20, 2019 | Listed by Skywater Estates Inc | $1,220,000 | |
| Listed by Skywater Estates Inc | |||
| | |||
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RARE 10' ceilings w/12" crown molding, 4 bed, 2-1/2 bath 2,635sf overall. Gorgeous impact rated Bahama shutters & numerous wind mitigation options. Marble floors main house, engineered wood floors bedrooms, granite countertops, wet bar. Natural gas to house w/gas stove, dryer & water heater. Large master bath converts to cabana bath. New water heater. Dock w/electric & water, up to 70' boat, ocean access, no fixed bridges. Oversized 2-car garage (recently painted). Very large, walkable, floored attic. The manager has listed the unit size as 2290 square feet.
| |||
| Jan 21, 2005 | Sold | ||
| Sold | |||
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About Santa Barbara Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017