4227 Rageur Road
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%.
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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 15, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | Listed by RE/MAX Signature Galleria | $1,551,000 | |
| Listed by RE/MAX Signature Galleria | |||
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Beautifully renovated waterfront beach home in Pirate's Beach. This home was completely taken down to the studs and renovated with careful consideration to the vacationer, sparing no expense. Open concept living areas with views of the ocean from every vantage point. The kitchen boasts Quartz countertops, a central kitchen island, and GE-Cafe series SS appliances. Balconies and decks beckon you to the outdoors. Comfortable floorplan with a private guest room and secondary bedroom on main level. The primary suite and a large suite are upstairs. All bedrooms have nicely updated ensuite bathrooms. This home comfortably sleeps 18. New double pane Neuma doors with brushed nickel hardware. Hurricane windows by PGT that can withstand 140 mph winds. All new exterior Hardie Plank with designer lighting and fixtures. All new Trane AC units w/ Apleair dehumidifiers. New roof, plumbing, and electrical. The perfectly selected furnishings are included with the sale. Lastly, the amazing VIEW!
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About Pirates Beach
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$2,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017