40
Map
6800 S Highway 1
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 |
|---|---|---|---|
| Sep 29, 2023 | No longer available | - | |
| No longer available | |||
| Jul 20, 2023 | Listed by Blue Marlin Real Estate | $649,900 | |
| Listed by Blue Marlin Real Estate | |||
| | |||
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Charming waterfront home on over half an acre! You own the beach east of US1 with plenty of room for a deep-water dock. Only about 5 miles from Sebastian Inlet by boat. This unique 3 bedroom, 2 bath home could be used as a successful vacation rental home. The 3rd bedroom could be used as an apartment or mother-in-law quarters with separate entrance, or convert to a 2/1 and 1/1. Large, updated central kitchen with stainless appliances and oak cabinets, updated bathrooms, nice large screened in back porch, large bay windows and trey ceilings in front bedroom and living room. Sit and enjoy the views of the Indian River Lagoon. Lots of parking and finished garage floor any car enthusiast would appreciate. Electric and water hookup for an RV, and plenty of room for a pool. SELLER IS ALSO WILLING TO PAY PART OF BUYERS CLOSING COSTS!! MAKE YOUR APPOINTMENT TODAY!! The manager has listed the unit size as 1480 square feet.
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| Nov 29, 2021 | Sold | ||
| Sold | |||
| Oct 18, 2021 | Listed by RE/MAX Solutions | $425,000 | |
| Listed by RE/MAX Solutions | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017