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319 Francis Cove
About This Property
?? THE RESIDENCE ?? Approx. 2,258 sq. ft. ??? 4 bedrooms | 2½ bathrooms, a large open-concept kitchen and dining room including the 4x8 island for the big group gathering ?? Additional ground-level living area with kitchen + full bathroom ??? Two living areas + two full kitchens ? Quartz, shaker cabinetry, continuous wood flooring & custom details. ?? OUTDOOR LIVING ?? Custom pool + elevated hot tub + cascading stone waterfall
?? Cedar-wood palapa with seating for up to 14 ?? Two tiki bars + wood BBQ pit ?? Wraparound deck + private outdoor shower + pool shade Ocean & lake views + refreshing coastal breezes .
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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 2, 2026 | Listed by The Local Agents Real Estate LLC | $890,000 | |
| Listed by The Local Agents Real Estate LLC | |||
| Sep 13, 2025 | No longer available | - | |
| No longer available | |||
| May 14, 2025 | Price Decreased |
$999,900
↓ $200K
(16.7%) | |
| Price Decreased | |||
| Mar 11, 2025 | Listed by The Local Agents Real Estate LLC | $1,200,000 | |
| Listed by The Local Agents Real Estate LLC | |||
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Please see the 3D tour for the main home. This home is located near the center of Surfside Beach. There is a hotel and restaurant down the street and access to the beach. The views from the home are breathtaking. The grounds have a palapa bar and private pool. The ground floor has a shower/bathroom, bunkroom, gathering area and kitchen. Upstairs is the living room, dining area, kitchen, utility room, and luxurious primary bedroom and bath. The 2nd story has 3 more bedrooms and a bathroom. The home is currently a rental but has been a primary residence in the past. This home is like a Surfside Beach chateau one hour from Houston. Who could ask for more. The new owner will need to agree to honor all confirmed reservations
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| Jan 15, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017