6620 Beach Resort Drive #607
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 24, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Jan 11, 2025 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Oct 14, 2024 | Listed by Waterfront Realty Group Inc | $399,000 | |
| Listed by Waterfront Realty Group Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/17/2025
|
2 Bed
|
2 Bath
|
1351 ft²
|
$369,999
2 Bed
2 Bath
1351 ft²
|
$360,000
-2.70%
01/09/2026
|
Kathryn Zangrilli
Broker Brothers LLC
| |
|
09/14/2025
|
2 Bed
|
2 Bath
|
1351 ft²
|
$349,900
2 Bed
2 Bath
1351 ft²
|
$337,000
-3.69%
10/22/2025
|
Nancy Sotirakopulos
The Agency Naples
| |
|
10/14/2024
|
2 Bed
|
2 Bath
|
1351 ft²
|
$399,000
2 Bed
2 Bath
1351 ft²
|
$350,000
-12.28%
03/24/2025
|
Corey Stranger
Waterfront Realty Group Inc
| |
|
10/04/2023
|
2 Bed
|
2 Bath
|
1351 ft²
|
$380,000
2 Bed
2 Bath
1351 ft²
|
$360,000
-5.26%
12/29/2023
|
Thorinton Hmielewski
Potter Trinity
| |
|
10/07/2019
|
2 Bed
|
2 Bath
|
1351 ft²
|
$255,000
2 Bed
2 Bath
1351 ft²
|
-
-
|
-
|
Building Info
About Royal Fakapalm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017