3
Map
3003 Blue Water Hwy
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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by The Local Agents Real Estate LLC | $399,900 | |
| Listed by The Local Agents Real Estate LLC | |||
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Brand new 3/3 with vaulted ceilings in the living room. This is a popular floorplan at a great price. The lot is huge and goes from Blue Water toward the Old Intracoastal Water Way. The is a walk-over to the beach on the west side of the subdivisions beachside, but another will be built to the east. The large deck faces the Gulf. When you enter the open living room/dining area the kitchen is to the right behind the dining area. To the back, down the hall, is a primary bedroom with private bathroom, to the left is another bedroom with access to the rear deck. Past that bedroom is the utility closet with hookups for the electric washer and dryer. Across the hall is a full bath and at the end of the hall, the 3rd bedroom. Excellent opportunity for a new home to reside in, have as a 2nd home, or as an investment property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017