44 CINNAMON BEACH Way
About This Property
Cinnamon Beach offers the resort-style lifestyle you are looking for, including direct beach access, separate adult and children's pools, fitness center, on-site restaurant, and beautifully maintained community amenities--all within a private gated setting. Enjoy morning walks along the Atlantic, afternoons by the pool, and the convenience of having dining and recreation just minutes from your front door. The home is being offered as an established short-term rental, providing over $100,000 in annual revenue.
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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 |
|---|---|---|---|
| Sep 10, 2026 | Listed by UNITED REAL ESTATE GALLERY | $1,299,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Aug 7, 2023 | Listed by UNITED REAL ESTATE GALLERY | $1,190,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
| Feb 17, 2021 | Sold | ||
| Sold | |||
| Sep 25, 2020 | Listed by UNITED REAL ESTATE GALLERY | $727,500 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017