515 Bluebeech Street
About This Property
The large family room serves as the central gathering area, offering plenty of space for relaxation or entertaining. The kitchen, located separately from the living areas, includes a convenient pass-through window that connects to the living room, adding functionality and charm. A separate dining room provides flexibility and can easily be used as an office or a secondary living area. This space opens to a generously sized covered patio, perfect for outdoor dining or unwinding after a long day.
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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 25, 2025 | Sold | ||
| Sold | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Aug 5, 2025 | Listed by DR Horton Realty of Emerald Coast LLC | $301,300 | |
| Listed by DR Horton Realty of Emerald Coast LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017