923 W 12th Street
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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Monarch Real Estate & Ranch | $165,000 | |
| Listed by Monarch Real Estate & Ranch | |||
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FULLY FURNISHED & READY FOR MOVE-IN. Welcome to your dream bungalow just minutes from Surfside and Bryan and Freeport Beaches! This beautifully updated and meticulously maintained 3-bedroom, 1-bathroom home is the epitome of coastal charm. Fully furnished and equipped with all modern appliances, it offers the perfect blend of comfort and convenience. Move-in ready, this delightful bungalow is just a 7-minute stroll from the pristine shores, making it an ideal retreat for beach lovers. Enjoy the serene coastal lifestyle in a home that’s designed for relaxation and easy living and such an affordable price! Move in ready, just bring a toothbrush and your clothes! Maybe some food to grill on your outdoor BBQ. This property also qualifies for the H.O.P.E. Home Loan Program which includes many highlights.
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| Jun 23, 2021 | Sold | ||
| Sold | |||
| May 14, 2021 | Listed by BHGRE Gary Greene | $145,000 | |
| Listed by BHGRE Gary Greene | |||
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Looking for a home close to the beach? Then this is the home for you! Located in the subdivision of South View Gardens, it is only 7 miles from Surfside Beach! Your path to the front door is lined with seashells that were hand picked from South Padre Island! As you walk into the living room your eyes are immediately drawn to the vaulted ceiling and beam that adds an architectural element to the room. It has been recently updated with vinyl plank flooring throughout, no carpet in this house at all! Also, enjoy the trendy white cabinets and stainless steel appliances in the kitchen. While you are sipping your morning coffee enjoy the view from your kitchen table out your sliding back door to the vast green space behind the house. No back neighbors blocking your view! Do you need an extra storage space for your beach essentials or a work shop for your hobbies? The shed in the backyard is the perfect place. Schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017