4126 Pirates 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 |
|---|---|---|---|
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by Sand N Sea Properties, LLC | $849,000 | |
| Listed by Sand N Sea Properties, LLC | |||
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Nice beach views, short walk to the beach and great entertaining spaces in this Pirates Beach home. Property was remodeled over the last several years and included: Roof & window replacement, new flooring, complete new kitchen and bathroom remodeling, wall & ceiling ship lap accents, 9' granite topped serving bar, deck extension + a cargo lift! You will love the kitchen/dining arrangement as there is room for family & friends with the living room close by and open to all of the activity. Great natural light in the home, high vaulted ceilings and beach views from the interior of the home. Exterior covered and uncovered deck spaces are spacious. Ground floor outdoor shower, 1 car garage and tons of parking. Short walk to the beach or an even shorter golf cart ride! Home has not been used as a rental in the last 5 years, but should be a good one if you desire. Being offered furnished with exclusions.
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| Jan 8, 2019 | Sold | ||
| Sold | |||
| Oct 5, 2018 | Listed by Sand N Sea Properties, LLC | $390,000 | |
| Listed by Sand N Sea Properties, LLC | |||
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Nice beach views, short walk to the beach and lots of potential with this Pirates Beach home. Large open living/dining/kitchen area with high ceiling is ideal for family & guest entertaining. 2 bedrooms / 1 bath on 1st level and master suite with private deck on 2nd level. Covered decks on two sides of the home to enjoy the breeze and to accommodate guests. Ground floor patio area has tremendous potential for a BBQ area, palapa bar, also provides for another entertaining area. New AC/Heating System installed in home during June 2018. Home currently being used as a resort rental property. Double wide driveway allows for plenty of guest parking. Home is in a resort rental program.
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| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017