6825 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 |
|---|---|---|---|
| Nov 14, 2025 | Listed by RealJoy Realty LLC | $649,000 | |
| Listed by RealJoy Realty LLC | |||
| Feb 12, 2023 | No longer available | - | |
| No longer available | |||
| Jan 28, 2023 | Price Decreased |
$125,000
↓ $165K
(56.9%) | |
| Price Decreased | |||
| Oct 20, 2022 | Price Increased |
$290,000
↑ $145K
(100%) | |
| Price Increased | |||
| Oct 13, 2022 | Listed by Neubauer Real Estate, Inc. ERA | $145,000 | |
| Listed by Neubauer Real Estate, Inc. ERA | |||
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Steps to the Beach -*$125,000* Building lots available with approved building plans and the infrastructure already in place. The 4 homes built directly behind these lots are the approved plans. There are a total of 6 lots but TWO LOTS must be purchased at a time to build 2 homes at once. Addresses' sold together are 6825 & 6829....6833 & 6837.... 6841 & 6845. The floor plans are for a 3 story, 2500 sq. ft., 3 bd, 4 baths, with large loft and upper deck. Lots are approved for attached homes, they will only be attached by outside storage closet. The approved Development Order and plans are available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017