8951 SR-A1A
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 9, 2012 | Sold | ||
| Sold | |||
| Mar 1, 2012 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $279,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
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This charming beach home comes fully furnished for your convenience. Short term rentals are allowed & the seller has return guests each year. Last year the rentals totaled approximately 28k! Sturdy construction with rebar 4 ft into the ground & all the way up to the roof & 130 mph hurricane wind resistance make this the home to own at the beach. Fabulous no drive beaches are just a short walk. Ocean peaks and sensational sunsets and rises from the porches off of the main living area. Paradise!
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| Aug 1, 2011 | Listed by WATSON REALTY CORP | $279,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017