311 9th Street
About This Property
Walking distance of local restaurant, Gilhooley's and just around the corner from Pier 6 Seafood.
San Leon has public fishing piers and even a pocket beach open to the public!
Live where others vacation!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | In contract | - | |
| In contract | |||
| Jan 18, 2025 | Price Decreased |
$169,999
↓ $10K
(5.6%) | |
| Price Decreased | |||
| Nov 19, 2024 | Price Decreased |
$179,999
↓ $9K
(4.8%) | |
| Price Decreased | |||
| Oct 22, 2024 | Price Decreased |
$189,000
↓ $26K
(12.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017