963 Clara
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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%.
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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 |
|---|---|---|---|
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2023 | Listed by KSP | $319,000 | |
| Listed by KSP | |||
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Come and experience coastal living at its finest with this charming Pearl Beach property! Nestled in a quiet neighborhood, this home features two large bedrooms, a shared bathroom, and an open-concept living, dining, and kitchen area that's perfect for hosting guests. Well-maintained with recent hardy plank siding, a large second-floor deck welcoming the ocean breeze, and outdoor shower to wash off sandy feet. The property also offers ample storage for boats and recreational toys and is sold fully furnished decorated with enchanting beachy decor. Located just a short walk from the beach, enjoy a leisurely stroll or drive to the oceanfront to experience the coastal views and refreshing gulf breeze. Enjoy all the local attractions, restaurants, and The Big Store just minutes away in Crystal Beach and Bolivar Peninsula. Perfect as a second home or a vacation rental property, this picturesque beach house will provide you with all the comforts you require to make lasting beach memories.
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| Jun 28, 2023 | No longer available | - | |
| No longer available | |||
| May 5, 2023 | Relisted | $375,000 | |
| Relisted | |||
| May 1, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017