4820 Bluewater
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 |
|---|---|---|---|
| Jul 15, 2025 | Listed by The Local Agents Real Estate LLC | $724,900 | |
| Listed by The Local Agents Real Estate LLC | |||
| Jan 15, 2024 | Listed | $725,000 | |
| Listed | |||
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Please view the 3D tour of this beautiful home in San Luis Beach S/D to the east of Surfside Beach. It is currently a popular short-term rental. This home is 2nd row and has access to the beach over the walk-over on the walk-over from Bluewater Dr. The new owner will love the sunrises over the Gulf and sunsets over the bay. Walk into the open kitchen/living area with high ceilings and beadboard finishes off the deck. Down the hall, there is a hall bath to the left that has access to the bedroom adjacent to it. Across the hall, there is utility room, and a large master bedroom with a private bath. Down the hall is another hall bathroom and on either side to the rear are bedrooms that mirror each other. The home is in the CoBRA flood zone
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017