403 Beachfront 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 |
|---|---|---|---|
| Aug 7, 2026 | Listed by Ward Real Estate, Inc | $495,000 | |
| Listed by Ward Real Estate, Inc | |||
| Nov 18, 2023 | Sold | ||
| Sold | |||
| Oct 2, 2023 | Listed by Full Stringer Realty | $425,000 | |
| Listed by Full Stringer Realty | |||
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Stunning unobstructed views from this coastal cottage located on Matagorda Beach. Imagine enjoying sunrises & sunsets from the covered front porch overlooking the beach w/ocean views to the horizon. Home was recently constructed in 2021 and has windstorm certification. This cottage complete w/details that make it very coastal! Shiplap walls & cedar planks on the vaulted ceilings. Kitchen has granite countertops w/spacious pantry & laundry room. Plenty of cabinets painted in a soft blue color & backsplash. Spacious bedrooms w/windows overlooking the beach in master. Plenty of storage w/a linen closet & bedroom closets. Waterproof vinyl plank flooring throughout for easy cleaning. Exterior includes an outdoor shower, fenced backyard & enclosed storage area. Triple sized driveway for plenty of parking & a 50-amp RV electric outlet. W/D, fridge, & some furniture stays. Come & view cute coastal cottage and let the memories begin.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017