55 Coast Bridge Way
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 |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Sep 7, 2018 | No longer available | - | |
| No longer available | |||
| Jun 7, 2018 | Relisted | $1,599,000 | |
| Relisted | |||
| Jul 31, 2017 | Listed | $1,599,000 | |
| Listed | |||
| | |||
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REDUCED! This freshly updated residence is located on a large homesite in the exclusive Peninsula section of Watersound Beach. Beautifully furnished the home encompasses Old Florida living at its best. The open kitchen & living rooms showcase the multitude of windows & natural light. The dining area includes a wet bar with wine fridge & ice maker. A first floor bedroom with ensuite, laundry & powder bath complete the first level. A spacious second living area on the second floor has raised ceilings. The master bedroom includes a private porch with views of Camp Creek Lake & the Gulf of Mexico. The master bath was recently updated with new tile. Two additional guest bedrooms each with their own bathroom are also on the second level. The manager has listed the unit size as 2712 square feet.
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| Nov 2, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017