6970 S A1a #406
About This Property
Top floor location with Direct View of
the Ocean. Fully furnished 1 bedroom / 1 bath on Rental Program. Staff, providing Rental program owners front desk, reservation, house keeping. Great Investment or 2nd Home. Quaint but Close to everything. Recent Upgrade and Fully Furnished
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 22, 2006 | Listed by CENTURY 21 CAPITAL REALTY GROUP | $299,000 | |
| Listed by CENTURY 21 CAPITAL REALTY GROUP | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/10/2009
|
1 Bed
|
1 Bath
|
340 ft²
|
$139,900
1 Bed
1 Bath
340 ft²
|
-
-
|
TEDRA BECKHAM PHILIPS
CENTURY 21 BECKHAM REALTY
| |
|
04/23/2008
| |
1 Bed
|
1 Bath
|
400 ft²
|
$160,000
1 Bed
1 Bath
400 ft²
|
$145,000
-9.38%
08/13/2008
|
BEVERLY B GREEN
WATSON REALTY CORP
|
|
02/16/2007
| |
Studio
|
1 Bath
|
500 ft²
|
$290,000
Studio
1 Bath
500 ft²
|
-
-
|
DEENA EAGERTON
FLORIDA HOMES REALTY & MTG LLC
|
|
05/22/2006
|
1 Bed
|
1 Bath
|
400 ft²
|
$299,000
1 Bed
1 Bath
400 ft²
|
-
-
|
Bruce E Ramirez
MAGNOLIA POINT REALTY, INC.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017