12
Map
415 Treaty 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 |
|---|---|---|---|
| May 19, 2026 | Listed by Land Shore Realty Group | $110,000 | |
| Listed by Land Shore Realty Group | |||
| Mar 1, 2026 | No longer available | - | |
| No longer available | |||
| Sep 28, 2025 | Price Decreased |
$120,000
↓ $15K
(11.1%) | |
| Price Decreased | |||
| Aug 20, 2025 | Listed by Land Shore Realty Group | $135,000 | |
| Listed by Land Shore Realty Group | |||
| | |||
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This precious 441 sq ft open-concept beach house is ready for a refresh and is a blank canvas waiting to make all your Pinterest dreams come true. Inside is an open space with a closet and bathroom. The kitchen, bathroom, and drop ceiling have been removed. Carpet and vinyl flooring have been removed to reveal the original hardwoods! From the house, you have peek-a-boo water views of the Gulf, Surfside Bridge, and Intracoastal Waterway. Downstairs is an enclosed storeroom that would be great for a potential Golf Cart Garage, or turn it into a Tiki Bar area for the ultimate Airbnb experience! Washer and dryer hookups are located downstairs. The interior walls are a thick, solid wood lapboard. Your guests will love that it is within walking distance to the Surf Station Surf Shop and 4 blocks to the beach. They can easily access the shops and restaurants in the area via Golf Cart. Windows installed in 2015/2016. Roof 2009. Being sold AS IS.
| |||
| Jun 9, 2025 | Price Decreased |
$135,000
↓ $5K
(3.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017