LOT 94(94-1) Ocean Tide Drive
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 9, 2020 | Sold | ||
| Sold | |||
| Aug 20, 2020 | Listed by RE/MAX Leading Edge | $35,000 | |
| Listed by RE/MAX Leading Edge | |||
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Affordable lot available Beachside! Build your beach house, or RV port. This lot already has a slab on it. Short walk or ride to the beach, close to ferry, come enjoy all that the beach life has to offer. Great fishing, looking for shells and shark teeth, or just sitting on the beach and relaxing while you quiet your mind. Close to the Yacht Basin too. Come take a look!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017