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4223 Ghost Crab Lane
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 18, 2026 | Listed by Sand N Sea Properties, LLC | $1,099,000 | |
| Listed by Sand N Sea Properties, LLC | |||
| Nov 2, 2025 | No longer available | - | |
| No longer available | |||
| Apr 16, 2025 | Listed by Sand N Sea Properties, LLC | $1,150,000 | |
| Listed by Sand N Sea Properties, LLC | |||
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Enjoy this 2nd row Beachfront living home. Enjoy beach viewing from the wall to wall windows off living area along w/beach views from every room. Enter spacious open concept living, dining & kitchen w/soaring ceilings. Living has wood burning fireplace & built ins. Kitchen w/breakfast bar, granite counters, custom cabinets & walk in pantry. Living space has 2 entrances to the large outdoor deck made from Trex. Inviting dining is off both kitchen & living. 1st level has 2 bedrooms w/doors leading to outdoor living space for enjoying beach views, sunrises & sunsets. Updated bath between bedrooms. 2nd level has 2 large bedroom. Primary suite w/door leading to upper deck for watching sunrises off the beach. Primary bath w/jetted tub, updated decorative tiled shower & seamless shower door, updated wallpaper & double sinks. Shutters for windows. Bathrooms updated in 2022. Exterior paint 2024. Roof replaced Sept. 2024. Social membership to Galveston CC conveys w/home. In vacation rental prog.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017