545 Salter Path Road #D6
About This Property
The manager has listed the unit size as 2000 square feet.
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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 |
|---|---|---|---|
| Jan 12, 2024 | No longer available | - | |
| No longer available | |||
| Oct 27, 2023 | In contract | - | |
| In contract | |||
| Oct 12, 2023 | Listed | $899,000 | |
| Listed | |||
| | |||
|
Oceanfront condo with breathtaking views surrounded by the maritime forest! Featuring 3 bedrooms, 3 baths, bonus room, updated kitchen, open family room and dining area and ample decking for ocean breezes! You will love the views from the family room and primary bedroom balconies that overlook the gorgeous beach. The bonus room offers bunk beds in addition to additional living space and leads to the large laundry room and lower level deck with outdoor shower. It boasts great spaces to enjoy inside and out and offers easy access to the beach. Ocean Grove, a part of the larger Beacon's Reach community, is tucked into the maritime forest and offers a tranquil spot to enjoy the island life. Beacon's Reach is a premiere community offering ocean and soundside pools, tennis courts, biking and walking trails, sound and ocean access, marina, day dock at the marina and a fitness center. This location is also easily accessible to the Country Club of the Crystal Coast for golf, swimming and social memberships; the Bogue Banks Library and the N.C. Aquarium. Being offered furnished with exclusions. The manager has listed the unit size as 1924 square feet.
| |||
| Jun 8, 2019 | No longer available | - | |
| No longer available | |||
| Apr 24, 2019 | Listed | $495,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/25/2024
|
4 Bed
|
3 Bath
|
2071 ft²
|
$1,150,000
4 Bed
3 Bath
2071 ft²
|
-
-
|
Sherry Stanley
Bluewater Real Estate - EI
| |
|
10/12/2023
|
3 Bed
|
3 Bath
|
1924 ft²
|
$899,000
3 Bed
3 Bath
1924 ft²
|
-
-
|
Mary Cheatham King team
Keller Williams Crystal Coast
| |
|
03/01/2023
|
4 Bed
|
4 Bath
|
2060 ft²
|
$930,000
4 Bed
4 Bath
2060 ft²
|
-
-
|
Sarah Stone Lewis
EXP Realty
| |
|
01/25/2023
|
4 Bed
|
4 Bath
|
2188 ft²
|
$950,000
4 Bed
4 Bath
2188 ft²
|
-
-
|
Carla Buckhold
Bogue Banks Realty, Inc
| |
|
03/22/2022
|
4 Bed
|
4 Bath
|
2033 ft²
|
$724,900
4 Bed
4 Bath
2033 ft²
|
-
-
|
Mary Cheatham King Real Estate team
Keller Williams Crystal Coast
| |
|
02/12/2022
|
4 Bed
|
4 Bath
|
2054 ft²
|
$915,000
4 Bed
4 Bath
2054 ft²
|
-
-
|
Mary Cheatham King Real Estate team
Keller Williams Crystal Coast
| |
|
08/10/2020
|
4 Bed
|
3 Bath
|
2000 ft²
|
$372,000
4 Bed
3 Bath
2000 ft²
|
-
-
|
-
| |
|
02/04/2020
|
4 Bed
|
4 Bath
|
2010 ft²
|
$499,900
4 Bed
4 Bath
2010 ft²
|
-
-
|
-
| |
|
09/15/2019
|
4 Bed
|
4 Bath
|
1825 ft²
|
$495,000
4 Bed
4 Bath
1825 ft²
|
-
-
|
-
| |
|
04/24/2019
|
3 Bed
|
3 Bath
|
2000 ft²
|
$495,000
3 Bed
3 Bath
2000 ft²
|
-
-
|
-
| |
|
04/12/2019
|
4 Bed
|
4 Bath
|
2010 ft²
|
$549,900
4 Bed
4 Bath
2010 ft²
|
-
-
|
-
| |
|
02/11/2019
|
4 Bed
|
4 Bath
|
1919 ft²
|
$374,900
4 Bed
4 Bath
1919 ft²
|
-
-
|
-
| |
|
06/15/2018
|
4 Bed
|
4 Bath
|
2005 ft²
|
-
4 Bed
4 Bath
2005 ft²
|
-
-
|
-
| |
|
06/15/2018
| |
4 Bed
|
4 Bath
|
2039 ft²
|
-
4 Bed
4 Bath
2039 ft²
|
-
-
|
-
|
|
11/20/2017
|
4 Bed
|
4 Bath
|
2089 ft²
|
-
4 Bed
4 Bath
2089 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
4 Bed
|
4 Bath
|
2075 ft²
|
-
4 Bed
4 Bath
2075 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017