9101 A1A S
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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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | Listed by THE NEWCOMER GROUP | $799,000 | |
| Listed by THE NEWCOMER GROUP | |||
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9101 A1A South is a rare find! This newly-renovated home represents a unique opportunity for investors and owner-occupants to purchase a property with 3 rentable ''units'' that's just a 5 minute walk to the beach or Matanzas Inlet. The main living space is upstairs and features 3 bedrooms, 2 baths, and in-unit laundry. Downstairs you'll find two apartments. The larger apartment is a 1/1 with a full kitchen and the smaller unit is also a 1/1 with a kitchenette. The downstairs units have a shared laundry space on the south side of the home. The sellers have invested considerable money in the past 12 months to improve this property and it shows. Consider the possibilities to utilize the home as a short term rental, long term rental, multi-generational living, or to live in one of the units while generating income from the other two! Call your agent today to schedule a showing!
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| Aug 11, 2022 | Sold | ||
| Sold | |||
| Jun 11, 2022 | Listed by NON MLS (realMLS) | $799,900 | |
| Listed by NON MLS (realMLS) | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017