250 Scott Drive
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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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Sep 9, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Relisted | $1,299,000 | |
| Relisted | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Apr 6, 2024 | Listed by Signature Premier Properties | $1,299,000 | |
| Listed by Signature Premier Properties | |||
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Escape to your private oasis in the exclusive Atlantic Beach Estates, where luxury and convenience seamlessly intertwine. This exquisite home, situated just a short distance from the pristine shores of the Atlantic Ocean, offers the ultimate in coastal living. As a resident, you'll enjoy exclusive access to your own private beach club, complete with personal locker and parking permit for your convenience. Just around the corner you will enjoy Scott Drive Park. Step inside and be greeted by soaring cathedral ceilings and strategically placed skylights that flood the interior with natural light, creating a grand and inviting atmosphere. The formal living and dining rooms provide the perfect setting for entertaining guests. The recently updated eat-in kitchen features elegant quartz countertops, new appliances, and a peninsula that offers additional seating. The den, located directly adjacent to the kitchen and breakfast nook, features a stunning marble tile clad fireplace, adding warmth and ambiance to your living space. A floating staircase leads you to the upper level, where four bedrooms await, including a spacious primary suite. The primary bedroom boasts a generous walk-in closet, providing ample space for your wardrobe, and a cozy sitting area, perfect for relaxing or enjoying a quiet moment. The newly renovated en suite bathroom in the primary bedroom is a true haven, featuring a luxurious Jacuzzi tub. An additional closet in the primary bedroom adds convenience and flexibility. With a private driveway and an attached two-car garage, you'll have ample space for vehicles and storage. Whether you're seeking a year-round residence or a summer getaway, this exceptional property provides the perfect setting for creating lasting memories. Don't miss the opportunity to make this extraordinary home yours. Schedule a private showing today and experience the epitome of coastal luxury living in Atlantic Beach Estates.
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About East Atlantic Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017