Lot 27-28 Beachcomber Avenue
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 |
|---|---|---|---|
| Aug 18, 2023 | Sold | ||
| Sold | |||
| Jun 28, 2023 | Listed by Carter Signature Properties | $35,000 | |
| Listed by Carter Signature Properties | |||
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We're thrilled to present two extraordinary vacant lots that offer a truly magical opportunity. Nestled along a tranquil, private road, these lots boast views of both Swan Lake and the Intracoastal Canal. Surfside Beach is renowned for its inviting community, warm hospitality, and a plethora of nearby attractions. Delight in a leisurely stroll along the beach, feel the sand between your toes, and relish the refreshing ocean breeze. While these lots require the process of delineation, consider it a small price to pay for this exclusive opportunity. You have the chance to shape your own paradise, customizing it to perfectly suit your desires.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017