3730 COASTAL Highway
About This Property
Centrally located to all that Vilano Beach has to offer, shopping, dining, and outdoor activities. Situated 22 feet above sea level and boasting an upgraded seawall (see all supporting docs and photos), this home was built to last. The security system/cameras convey. The roof (southeast end) was pre-wired and reinforced to support a spa/hot tub. There is also an outdoor shower to wash off the sand from your day at the beach! Please see additional information located in the documents section.
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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 |
|---|---|---|---|
| Dec 1, 2024 | No longer available | - | |
| No longer available | |||
| Aug 1, 2024 | Price Decreased |
$2,900,000
↓ $100K
(3.3%) | |
| Price Decreased | |||
| Mar 3, 2024 | Listed by COLDWELL BANKER VANGUARD REALTY | $3,000,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Dec 20, 2007 | Sold | ||
| Sold | |||
| Oct 23, 2007 | Sold | ||
| Sold | |||
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About Villano Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017