6
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606 Canal 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 |
|---|---|---|---|
| Jul 23, 2025 | Listed by The Local Agents Real Estate LLC | $1,200,000 | |
| Listed by The Local Agents Real Estate LLC | |||
| May 27, 2024 | Listed | $1,200,000 | |
| Listed | |||
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Intracoastal Canal frontage in Surfside Beach, TX zoned commercial which includes residential. Run your business from home. This home 4/3 on the Intracoastal Canal with 1.9 acres with a personal harbor is having some updates. This home has it's own water well and city sewer. The commercial zone status includes possibilities for the new owner from a marina, restaurant, a hotel, or develop to build homes or condos, and even an RV park. The property is being sold at lot value. The home is right on the canal with a screened deck facing the Surfside Bridge and an open air deck facing the canal. You enter in the living room that is open to the kitchen. There is a master bedroom with bath to the rear of the kitchen, down the hall are two more bedrooms and a hall bath, and at the rear is another bedroom with a private bathroom This is an easy floorplan with storage. Come and make your dreams come true.
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| May 26, 2024 | No longer available | - | |
| No longer available | |||
| May 22, 2023 | Listed by The Local Agents Real Estate LLC | $1,200,000 | |
| Listed by The Local Agents Real Estate LLC | |||
| | |||
|
Intracoastal Canal frontage in Surfside Beach, TX zoned commercial which includes residential. Run your business from home. This home 4/3 on the Intracoastal Canal with 1.9 acres with a personal harbor is having some updates. This home has it's own water well and city sewer. The commercial zone status includes possibilities for the new owner from a marina, restaurant, a hotel, or develop to build homes or condos, and even an RV park. The property is being sold at lot value. The home is right on the canal with a screened deck facing the Surfside Bridge and an open air deck facing the canal. You enter in the living room that is open to the kitchen. There is a master bedroom with bath to the rear of the kitchen, down the hall are two more bedrooms and a hall bath, and at the rear is another bedroom with a private bathroom This is an easy floorplan with storage. Come and make your dreams come true.
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| Sep 8, 2020 | No longer available | - | |
| No longer available | |||
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About Surfside Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017