60 Sandy Neck
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 |
|---|---|---|---|
| Jul 21, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by Cape Coastal Sotheby's International Realty | $299,900 | |
| Listed by Cape Coastal Sotheby's International Realty | |||
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Imagine owning 1.77 acres of land with an old fishing camp on beautiful Sandy Neck! Bring your ideas for renovation...now is your time to go off the grid! 4-wheel drive is needed to access this piece of paradise.. Sandy Neck Beach is at the back of the house and the dunes...tidal flat view on the front side. NONE of the modern conveniences! There is no bathroom, no electric...just miles of peace and tranquility. There is water. CASH BUYERS ONLY.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017