31
Map
560 Sandy Lane
About This Property
Although secluded, this property rests only a quick 4 minute drive to the silver sands and emerald waters. The West End location also means you are only 10 minutes to both Pier Park and the start of 30A. The owner has made many updates to the interior and exterior, including metal roof, cabinets, counters, sheet rock, and flooring. For those looking for multiple properties, 560 and 562 Sandy Lane are being sold together for $394,900. Whether you are looking for your new home, a weekend getaway spot, or an investment property, look no further!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 11, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | Listed by REMAX By The Sea | $199,900 | |
| Listed by REMAX By The Sea | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017