Lot 7 County Road 257 Off S Ami
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 16, 2024 | Sold | ||
| Sold | |||
| Jul 7, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Listed by Keller Williams Signature | $35,000 | |
| Listed by Keller Williams Signature | |||
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Discover Coastal boasting serene water views and convenient access to both the Beach and Bay in a tranquil community setting. Delight in observing wildlife and breathtaking sunsets over the wetlands, complemented by expansive bay vistas, as well as the tranquil sunrise over the Gulf of Mexico. With a beach access road within walking distance and a nearby boat launch offering easy entry to prime fishing locations, enjoy the best of coastal living. Only 15 minutes from Surfside Beach, 20 minutes to Jamaica Beach and a mere 40 minutes from Galveston Beach, embrace coastal paradise at your doorstep.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017