25
Map
5608 Beach Drive
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 29, 2024 | No longer available | - | |
| No longer available | |||
| Feb 1, 2024 | In contract | - | |
| In contract | |||
| Jan 5, 2024 | Listed by EXP Realty LLC | $699,000 | |
| Listed by EXP Realty LLC | |||
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Turnkey POOL home on the East End? Yes please! Walking distance to the ever popular Schooner's beachfront restaurant just a couple blocks away, this ideally located home has an open floor plan, cathedral ceilings, and great outdoor space with a covered patio and open air deck. You'll love the walkable neighborhood with multiple public boat ramps for boating, jet skiing and all the summer time fun! Minutes to St. Andrew's State Park, marinas, Captain Anderson's and the Navy base, this home checks all the boxes!Renovated last year with all new furnishings, appliances, kitchen backsplash, master flooring, fixtures and many repairs, this property is an ideal primary or vacation rental. Managed by an experienced AirBnb superhost, this home is well positioned for great success in the new year & will convey with a robust calendar of bookings ahead! The manager has listed the unit size as 1790 square feet.
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| Oct 12, 2022 | Sold | ||
| Sold | |||
| Aug 7, 2022 | Listed by RE/MAX SELECT Partners | $620,000 | |
| Listed by RE/MAX SELECT Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017