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Map
3910 Nueces Drive
About This Property
Major updates add HUGE value: TREX decking, stairs, railing, and boathouse piers (2021); KITCHEN AND BATH REMODELS, NEW WINDOWS, FULL INTERIOR PAINT (2023); ATTIC HVAC (2024); plus a 2015 ROOF, STORM WINDOWS, VINYL SIDING, CONCRETE BULKHEAD, and BOAT LIFT. Bonus: TWO FULL BOXES OF MATCHING EXTERIOR SIDING for future storm protection. Furnishings and golf cart are NEGOTIABLE - making this waterfront getaway TRULY MOVE-IN READY. Enjoy fishing, boating, and the EASY, GOLF-CART LIFESTYLE of this coastal community.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Dec 31, 2025 | Price Decreased |
$825,000
↓ $50K
(5.7%) | |
| Price Decreased | |||
| Aug 16, 2025 | Listed by eXp Realty LLC | $875,000 | |
| Listed by eXp Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017