709 Positano Road
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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 |
|---|---|---|---|
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by Galveston First Realty | $1,000,000 | |
| Listed by Galveston First Realty | |||
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This luxurious beach house is located in Galveston’s sought after Beachtown. The Home features three stories with four bedrooms, three and a half bathrooms. Kitchen has elegant Custom beadboard cabinets, carrara marble countertops and stainless steel appliances. Elevator is accessible on every level. Watch the beautiful sunrise and enjoy the gulf breeze from one of the several balconies. Within walking distance to the beach, community pool and the Porch Cafe. Vacation rentals allowed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017