320 Texas Street
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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%.
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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.
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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 11, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed by The Local Agents Real Estate LLC | $299,900 | |
| Listed by The Local Agents Real Estate LLC | |||
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Discover this centrally located beach retreat with ground-level apartment, just 3 blocks from the Beach and Jetty Park. Upstairs: 3-bed, 2-bath house with water views from the living room and deck. Downstairs: 1-bed, 1-bath apartment. Both units have outdoor living space. The downstairs apartment is ideal for guests or rentals. Washer/Dryer located downstairs in the common area. Fenced backyard (2022), 3 gates, rock driveway, 10x10 shed (2022). Re-roofed 12/2021. Windows, siding, and door were replaced in 2016 per the WPI-8. Close to fishing, Jetty Park, Splash Pad, Nature Trail, boat launch, shopping, and restaurants. Would be great for both full-time living or weekend/rental use. Need more info or a tour? Contact us to see if this could be your dream home!
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| Nov 24, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2021 | Listed by The Local Agents Real Estate | $235,000 | |
| Listed by The Local Agents Real Estate | |||
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Head to Surfside to check this cutie out. Downstairs is another apartment. Pictures will be added. The upstairs has two set of stairs. One closest to the beach, opens into the living/gathering room. The kitchen and dining area are all off the living room. Its cute! There is a bunkroom off the hall across from the kitchen, and two bedroom with two bathrooms all upstairs. Downstair it is open with another bathroom. The lot is large and has access off Texas and the alley/easement. The owner rents the home out, separately upstairs and downstairs. It is perfect for short-term with the easy access to the pedestrian beach off Texas and also perfect for as a long-term rental. Call ahead for a showing appointment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017