247 Plimsoll Way
About This Property
over the garage with bath, closet, kitchenette, and
large storage area. The great room is open to the well appointed kitchen and features a gas fireplace and french doors to the screened porch with summer kitchen and TV overlooking the lake. A gorgeous master suite also boasts french doors to the porch and highlights include extensive trim work, garden tub, large walk-in shower with dual showers heads, and 2 custom walk-in closets. This lovely beach retreat features hardwood floors throughout, crown moulding, granite and marble counters, custom plantation shutters, whole house dehumidifier, and much more. A beautiful dining room, large laundry, powder room, and 2-car garage with car lift complete this lovely home. Watersound West Beach features a
community pool, two parks, numerous boardwalks, private access to the beach, and membership to the Watersound Fitness Center. Enjoy the beach life!!!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 18, 2017 | Sold | ||
| Sold | |||
| Oct 16, 2017 | Listed by The Premier Property Group Seacrest Office | $1,299,100 | |
| Listed by The Premier Property Group Seacrest Office | |||
| Aug 25, 2016 | Sold | ||
| Sold | |||
| May 3, 2016 | Listed by The Premier Property Group Seacrest Office | $1,289,000 | |
| Listed by The Premier Property Group Seacrest Office | |||
| Sep 12, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017