261 Plimsoll Way
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 |
|---|---|---|---|
| Apr 27, 2020 | Sold | ||
| Sold | |||
| Dec 4, 2015 | Sold | ||
| Sold | |||
| Aug 4, 2015 | Listed by The Premier Property Group Seacrest Office | $1,225,000 | |
| Listed by The Premier Property Group Seacrest Office | |||
| Dec 20, 2012 | Sold | ||
| Sold | |||
| Mar 1, 2012 | Listed by Berkshire Hathaway HomeServices | $714,900 | |
| Listed by Berkshire Hathaway HomeServices | |||
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This new home located in WaterSound West Beach offers 2925 square feet, 4 bedrooms, 4.5 bath, a two car garage, two living areas and a full size laundry room. Features include: hardwood floors throughout, cottage V-Groove trim/crown molding throughout common areas, fireplace in living room, coffered ceiling in master bedroom, granite countertops, custom cabinetry with easy glide drawers , custom outdoor living space with built-in grilling station, screened-in lanai, tankless gas water heater, pre-wired for security and G.E. Monogram fridge/Cafe Series appliances. Buyer can add upgrades and make interior selections by contracting before the home is too far along. Beach Club/Golf Incentive package can be purchased for a non-refundable $7,500 initiation fee. Package includes access to the WaterSound Beach Club (monthly dues apply), free golf greens at Origins for household residents for two years from the date of purchase, and reduced play rate at Camp Creek Golf Club of $75 per player, max of 4 players, for two years from the date of purchase. Centrally located to the best dining, unique boutique shopping, bike paths and some of the most challenging golf courses the gulf coast has to offer. Easy access to Hwy 98, allowing you to explore the nearby cities of Destin or Panama City Beach, as well as, the Northwest Florida Beaches International Airport. Call for more details!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017