25 ARMAND BEACH 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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Price Increased |
$540,000
↑ $130K
(31.7%) | |
| Price Increased | |||
| Apr 1, 2025 | Listed by LIGHTHOUSE REALTY ASSOCIATES | $410,000 | |
| Listed by LIGHTHOUSE REALTY ASSOCIATES | |||
| Feb 18, 2025 | Listed by LIGHTHOUSE REALTY ASSOCIATES | $575,000 | |
| Listed by LIGHTHOUSE REALTY ASSOCIATES | |||
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Endless Potential in a Tropical Paradise – 3 Bed, 2.5 Bath Beach Access Home with Extra Buildable Lot. Nestled in a sought-after location, this charming 3-bedroom, 2.5-bath, two-story home offers a rare opportunity to create your dream beach side oasis. With island breezes flowing through every room, you’ll enjoy a relaxed, tropical atmosphere year-round. Golf cart-friendly and just moments from pristine beach access, the location can’t be beat for those seeking the perfect balance of serenity and adventure. Whether you're enjoying quiet days at the beach or strolling through the vibrant neighborhood, this home offers the best of both worlds. Additionally, this property comes with an extra buildable lot, providing you the opportunity to expand or develop your dream home, guest house, or investment property in this desirable area. Don’t miss your chance to transform this hidden gem into the ultimate coastal retreat!ac/heat 2022 new and driveway 2011 new
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017