2923 Bluewater Highway
About This Property
*home sits within a CBRA Area and will require flood insurance be written through private flood companies. Your insurance agent will inform you on the companies that write in your area. There are several.
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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 28, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by Land Shore Realty Group | $399,900 | |
| Listed by Land Shore Realty Group | |||
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Capturing the serene spirit of Surfside Beach, 2923 Bluewater Hwy presents a 2016-built, fully furnished home set on a generous 21,980 sqft lot. With 3 bedrooms and 3 bathrooms across 1,280 sqft, it offers immersive views of the bay, wetlands, Gulf of Mexico, barges navigating the Intracoastal Waterway, and wildlife from two expansive decks and the downstairs area under the home. The well-received floor plan, with two primary suites, caters to both intimate retreats and joyful gatherings, making it a rental favorite. A whole-house water filtration system, vinyl siding, two decks (one partially covered), an enclosed outdoor shower, proximity to the golf cart path, and drive-on beach access just a few houses down enhance its allure. Turnkey and rental ready, this is a coastal dream awaiting your claim. Existing reservations can be transferred to the new owner if wanted. Reach out for a private tour so you can see what island life is all about!
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| Apr 27, 2021 | Sold | ||
| Sold | |||
| Mar 5, 2021 | Listed by Bluewater Realty | $359,000 | |
| Listed by Bluewater Realty | |||
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Like new construction in Surfside Beach Estates! Come see this beauty that sits on a half acre lot. 3 bedroom/3 bathroom house featuring 2 primary bedrooms. One primary bedroom has access to the back deck that is a bird watchers dream. You get the best of both worlds with this home, watch the sun come up on the large front deck and watch the sun set on the back deck. House is selling furnished, minus a few access items. Easy access to the beach rounds out this house to make it ready to go!
*home sits within a CBRA Area and will require flood insurance be written through private flood companies. Your insurance agent will inform you on the companies that write in your area. There are several.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017