55 Long Key
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 |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by XL Legacy International | $370,000 | |
| Listed by XL Legacy International | |||
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Over 1/2 an acre of waterfront property with 160' of waterfront & exceptional views WOW!!! This is it! Two homesites combined as one address with plenty of room to build your coastal dream home and a pool. Boat slip will accommodate a double boathouse allowing space for two boats or perhaps a boat and jet ski lift. Minimum sq ft to build is 2800, you can build as large as your build pad will allow if you'd like more sq footage. Choose your own builder, no time frame to build. Secure your land now and build when ready. Gorgeous scattered views of West Galveston Bay with a cove protection location. Harborwalk is an exclusive gated waterfront lifestyle community on West Galveston Bay. Amenities offered are a full service marina with ships store including fuel, deli, fresh bait, boutique, tackle, boat ramp, fish clean station, Yacht Club with swim center & Flamingo Bar, putting green, Seven bedroom Harborwalk Lodge & Event Center, hike & bike trails, great fishing & coastal bird watching!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017