28
Map
700 Pelican 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 |
|---|---|---|---|
| Aug 1, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by One Sotheby's International | $389,000 | |
| Listed by One Sotheby's International | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 18, 2020 | Listed | $250,000 | |
| Listed | |||
| | |||
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Charming Beachside cottage! Just a block to the beach. Gorgeous St. Augustine grass with deep well and sprinkler system to keep it looking great. Newer wooden fence makes for a nice private backyard. Built in fire pit with area for seating all around. Walls removed to make this a nice open plan from kitchen to living room. All doors replaced with stylish 6 panel doors. Nicely buffed terrazzo floors throughout. New vanity in bathroom. Stainless appliances are all newer, granite countertop with gorgeous glass tile back splash. New roof and AC in 2015. Gas water heater. Updated electrical panel. Washer/ dryer stay. Storage shed offers extra storage. The manager has listed the unit size as 912 square feet.
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| May 30, 2018 | Sold | ||
| Sold | |||
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About South Partick Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017