321 Sand Cliffs Drive
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 |
|---|---|---|---|
| May 12, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by Coastal Luxury | $1,595,000 | |
| Listed by Coastal Luxury | |||
| Dec 28, 2016 | Sold | ||
| Sold | |||
| Jul 1, 2016 | Listed by Scenic Sotheby's International Realty | $979,000 | |
| Listed by Scenic Sotheby's International Realty | |||
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Offering a rare amount of privacy and space is this unique gulf view beach home in the gated Sand Cliffs community. Stunning beach views can be enjoyed from a series of covered balconies and outdoor spaces. The spacious private terrace surrounding the lagoon pool offers ample space for relaxing and entertaining within earshot of the surf breaking on the soft white sand. Grab a body board or lounge chair and be on the beach in less than a minute, thanks to private access nearby. This three-story home is designed as the ultimate place to live, work and play. Situated on an unusually generous lot with established landscaping, it has a garage and parking for five cars. Spread over 2,499 square feet, this single-family home offers three bedrooms and four baths with an additional office/workout room which could be used as additional guest space. Since its conception in 1991, this un ique bea ch house has been steadily enhanced to include a new roof, doors and siding, electric hurricane shutter protection and surge protection throughout. Interior remodeling in 2015 gave the home a stylishly remodeled kitchen, powder room and master bath shower. All this adds up to the perfect luxury residence for those who don't want to do any upgrades; just move in, relax and enjoy.
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| Apr 1, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017