249 BARRATARIA Drive
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 |
|---|---|---|---|
| Feb 20, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2019 | Listed by ENDLESS SUMMER REALTY | $449,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
| Dec 31, 2015 | Listed by UNITED REAL ESTATE GALLERY | $425,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
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Live out your dreams on this magnificent piece of paradise! This waterfront lot is clear and ready to build on, and already equipped with a reinforced bulkhead, covered boathouse with lift, plus a secondary lift, and a floating dock. It's just a short walk to the beautiful beach, community tennis courts, and the Matanzas Inlet Restaurant or stay home and enjoy the ocean breeze and picturesque views from your own front porch. Come see for yourself all that Barrataria Island has to offer!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017