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402 Shark Lane
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 |
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| Sep 17, 2026 | Listed by Carter Signature Properties | $299,999 | |
| Listed by Carter Signature Properties | |||
| May 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 22, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 19, 2025 | Listed by Carter Signature Properties | $335,000 | |
| Listed by Carter Signature Properties | |||
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Rare find: Two adjoining canal-front lots at 402 Shark Lane! Approx. 0.28 acres, offering wide water views and direct Gulf access via the ICW. This is a smooth, build-ready opportunity with a bulkhead already in place and electricity on-site. Perfect for a multi-home investment, a large coastal estate, or the ultimate fishing/boating getaway. Minutes from Bluewater Highway, Bridge Harbor Marina, and the Jetty. Stop searching for single lots and double your vision here. Experience the Signature Difference call or text today with questions or for your private of virtual tour.
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| Feb 27, 2025 | Listed by Carter Signature Properties | $349,000 | |
| Listed by Carter Signature Properties | |||
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Two canal-front lots • Waterfront build sites • Gulf access ••
Incredible opportunity to own two adjoining canal-front lots in Surfside Beach—perfect for creating a coastal getaway, multi-home investment, or spacious single estate. Located in a quiet area of Surfside, these properties provide direct water access to the canal system leading toward the Intracoastal Waterway and the Gulf of Mexico. Enjoy scenic water views, fishing from your own bulkhead, and space for docks, boat lifts, or outdoor entertaining areas. The lots together total roughly 0.28 acres, offering plenty of room for parking, decks, or a private pool. Electricity on Property. Just minutes from Bluewater Highway, Surfside Jetty Park, and Bridge Harbor Marina, this site is ideal for boating enthusiasts or anyone seeking a build-ready coastal investment. A rare chance to secure dual waterfront lots in Surfside Beach—ready for your vision.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017