427 Eastern Lake 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%.
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 |
|---|---|---|---|
| Aug 18, 2020 | Sold | ||
| Sold | |||
| Jun 3, 2020 | No longer available | - | |
| No longer available | |||
| Apr 10, 2020 | Price Increased |
$825,000
↑ $50K
(6.5%) | |
| Price Increased | |||
| Jul 4, 2019 | Listed | $775,000 | |
| Listed | |||
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MAKE AN OFFER~GULF VIEW~LOCATION LOCATION~SEAGROVE BEACH~SOUTH OF 30a~FURNISHED~NO HOA FEES~STEPS FROM BEACH ACCESS~ Wonderfully updated, furnished, & renovated beach home located south of 30A very near Eastern Lake Beach Access in Seagrove Beach. This wonderful beach home has no busy roads to cross to access the beach or to stroll along Eastern Lake! The home has Gulf views and is steps from Eastern Lake & Beach access, yet is in Zone X by FEMA. Covered parking, screened porches, beautiful live oak in front yard with irrigated landscaping. Open Floor plan. Granite counters and Stainless appliances. Master bedroom on main level. Extra storage with separate laundry and beverage refrigeration. owners' closet. Great value for a spectacular location. New paint, bathrooms, kitchen, windows, flo The manager has listed the unit size as 1400 square feet.
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| Mar 4, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017