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904 Surf Drive
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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 |
|---|---|---|---|
| Sep 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 22, 2026 | Listed by Land Shore Realty Group | $345,000 | |
| Listed by Land Shore Realty Group | |||
| Jul 1, 2026 | Price Decreased |
$374,500
↓ $25K
(6.1%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed by Land Shore Realty Group | $399,000 | |
| Listed by Land Shore Realty Group | |||
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Welcome to 904 Surf Dr, a well-kept beach home on two spacious lots, plus two more accessible by a 10' alleyway easement—16,500 sq ft in total with endless possibilities. Two sets of stairs make it easy to design a fenced yard for pets, and a cargo lift adds convenience. Never used as a rental, this home has recent updates including a new roof (2024), exterior paint (June 2024), refrigerator (August 2024), and more. Enjoy peek-a-boo Gulf views, colorful sunrises and sunsets, and ships passing into port. Surrounded by owner-occupied homes, it’s a peaceful retreat with space to relax or expand. Storm shutters were serviced in September 2024, and an outdoor shower is ready after sandy beach days. Whether you’re dreaming of a full-time coastal escape or a weekend getaway, this move-in-ready charmer delivers. Full update list available—reach out today to schedule your private tour.
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| Jul 17, 2025 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017