402 S HALIFAX 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 |
|---|---|---|---|
| Mar 31, 2024 | No longer available | - | |
| No longer available | |||
| Feb 21, 2024 | Price Decreased |
$299,000
↓ $16K
(5.1%) | |
| Price Decreased | |||
| Feb 16, 2024 | Price Decreased |
$314,900
↓ $15K
(4.6%) | |
| Price Decreased | |||
| Nov 21, 2023 | Listed by Ted Rugg and Associates | $329,900 | |
| Listed by Ted Rugg and Associates | |||
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Explore the convenience of this superbly located haven in the heart of beachside. Assumable Mortage Available. A 3-bed, 2-bath concrete block residence with a spacious garage and an EXPANSIVE yard, nestled between the Halifax River and Atlantic Ocean awaits you. This property's location seamlessly merges comfort with coastal convenience. Step into a generous living space that effortlessly connects to an inviting dining room that is directly attached to an updated kitchen. Modernize, newly tiled floors and fresh paint, create an unparalleled contemporary ambiance. Indulge in weekends in the expansive yard after family beach moments just minutes away. Restaurants, shopping, the beach, and The Casements are within a mile from home. The manager has listed the unit size as 1479 square feet.
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| Nov 15, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017