318 Crab Street
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 |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | Listed by Carter Signature Properties | $289,900 | |
| Listed by Carter Signature Properties | |||
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318 Crab, Surfside Beach - Your Signature Beach Home! This open-concept, 2-bedroom, 2.5-bathroom beach home offers a bonus room that can serve as a 3rd bedroom or sitting area. Enjoy the signature experience with a front partially-covered deck and a private en-suite rear deck off the primary bedroom—perfect for relaxing and entertaining. Situated on a spacious lot just blocks from the beach, you’ll love the easy access to stunning sunsets, the nearby famous Surfside fishing jetty, and Jetty Park’s picnic areas, splash pad, and crabbing piers. The home comes fully equipped with a refrigerator, range, furniture, most housewares, and décor. With a 2018 roof, quartz countertops, an in-home utility room, outdoor shower, and raised ground-floor storage for all your fishing gear, this property is ready for your summer adventures. Schedule your signature tour today and working camera on premises.
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| Nov 21, 2023 | Sold | ||
| Sold | |||
| Aug 23, 2023 | Listed by 5th Stream Realty | $279,900 | |
| Listed by 5th Stream Realty | |||
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Beautiful open concept beach home features 2 bedrooms, 2.5 bathrooms, with a bonus room that can be used for bunk beds has large front patio as well as a private en suite patio off the master bedroom for relaxing & entertaining. Beach house sits taller than other homes in the area so a clear view of the beach is visible from the front porch. The home is on an oversized lot that's walking distance blocks away from the beach & beautiful sunsets. The empty land/lot the master deck is also part of the home. Also close is the famous Surfside fishing jetty & the Jetty Park includes covered picnic areas, children’s splash pad & nature/ fitness walk & crabbing piers east on Blue Water Highway. Beach home comes with refrigerator, stove oven & furniture as well as new roof and new AC. Ready for summer time fun!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017