3960 COASTAL Highway #F
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%.
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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.
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 |
|---|---|---|---|
| Aug 20, 2014 | Sold | ||
| Sold | |||
| Jul 11, 2014 | Listed by PRIME REAL ESTATE COMPANY | $375,000 | |
| Listed by PRIME REAL ESTATE COMPANY | |||
| | |||
|
3 Story OCEAN FRONT condo with nice hardwood floors & garage has awesome DIRECT OCEAN FRONT views from the back deck, windows, and balconies! It also has great views from 2nd story front porch & 3rd story windows. The interior has been stripped and needs work but has a ton of potential and you get the opportunity to customize a new condo and new kitchen to your personal tastes. Buyer to verify all info important to purchase. Seller & listing broker have no prior knowledge of property. Disclosure: There is no active HOA, COA, or POA.
| |||
| May 2, 2009 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $800,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| | |||
|
A Perfect beachfront location and a builder who describes this as his best work ever! Rebuilt to condo in 2008, with superb attention to detail. Travertine marble tile and hardwood floors, granite surfaces throughout. Weatherproof speciality windows and sunroom. Alabaster chandeliers. Premium end-unit location with adjacent,vacant easement. Oversize 2 car garage, storage and additional parking.
| |||
| Nov 5, 2008 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,100,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/09/2020
|
3 Bed
|
3 Bath
|
1509 ft²
|
$575,000
3 Bed
3 Bath
1509 ft²
|
$540,000
-6.09%
10/21/2020
|
Philip Aitken
KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
| |
|
07/11/2014
|
3 Bed
|
3 Bath
|
-
|
$375,000
3 Bed
3 Bath
|
$375,000
08/20/2014
|
TROY ROWAN
PRIME REAL ESTATE COMPANY
| |
|
01/15/2014
|
3 Bed
|
3 Bath
|
1564 ft²
|
$419,000
3 Bed
3 Bath
1564 ft²
|
$375,000
-10.50%
04/17/2014
|
Wendy Sawyer
Prime Real Estate Company
| |
|
11/05/2008
|
3 Bed
|
3 Bath
|
1700 ft²
|
$1,175,000
3 Bed
3 Bath
1700 ft²
|
-
-
|
ROBERT MCMEEKIN
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
| |
|
11/05/2008
|
3 Bed
|
3 Bath
|
1700 ft²
|
$1,100,000
3 Bed
3 Bath
1700 ft²
|
-
-
|
ROBERT MCMEEKIN
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
| |
|
11/05/2008
|
3 Bed
|
3 Bath
|
1700 ft²
|
$900,000
3 Bed
3 Bath
1700 ft²
|
-
-
|
ROBERT MCMEEKIN
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017