420-A Bayshore 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 3, 2022 | No longer available | - | |
| No longer available | |||
| Jun 30, 2021 | Price Decreased |
$1,950,000
↓ $145K
(6.9%) | |
| Price Decreased | |||
| May 29, 2021 | Price Decreased |
$2,095,000
↓ $100K
(4.6%) | |
| Price Decreased | |||
| May 1, 2021 | Listed by The Premier Property Group | $2,195,000 | |
| Listed by The Premier Property Group | |||
| | |||
|
*BEST VALUE FOR A BAYFRONT HOME IN MIRAMAR BEACH* WHOLE HOUSE GENERATOR, HURRICANE SHUTTERS, RID O RUST SYSTEM, NEW DOCK FALL 2020. THIS 2 STORY FLOOR PLAN FEATURES MAIN LIVING ON 1ST FLOOR INCLUSIVE OF FORMAL + CASUAL SPACES, MASTER SUITE, GUEST BEDROOM AND BATH LAUNDRY, FULL POOL BATH AND OFFICE OVERLOOKING BAY. 2ND FLOOR IS CURRENTLY SITUATED AS 2 GUEST BEDROOMS AND BATH + EFFICIENCY KITCHEN. INTERIOR FOCUSES ON GORGEOUS BAY VIEWS THROUGH OPEN AND FLOWING FLOORPLAN. IMPECCABLE APPOINTMENTS INCLUDE PORCELAIN TILE, CROWN MOLDING, 10-14 FOOT CEILINGS,TRANSOM WINDOWS, CALIFORNIA CLOSETS IN MASTER SUITE, ANDERSON WINDOWS AND SLIDING GLASS DOORS, SECURITY/SURROUND SOUND, BUILT-IN PEST CONTROL (PEST GARD) GENERAC GENERATOR (WITH WARRANTY) The manager has listed the unit size as 4029 square feet.
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| Jun 15, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017