969 Beachside 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 |
|---|---|---|---|
| Sep 19, 2023 | Sold | ||
| Sold | |||
| Jul 29, 2023 | Listed by Ebby Halliday Realtors | $249,000 | |
| Listed by Ebby Halliday Realtors | |||
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Jun 4, 2021 | Listed | $139,000 | |
| Listed | |||
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60 feet of waterfront on GREAT water at Lake Palestine. 1 bedroom, 1 full bathroom fishing cabin on a lot + one half, with a boathouse with two slips and another slip in a shared boathouse. Seller has meticulously worked the area around the water, filling it with brush and making it the ideal spot for catching bass and tons of crappie. The home has a kitchen with new cabinets, electric range, refrigerator and microwave. There are two living rooms, one with windows overlooking the lake Enjoy watching the sun rise over the lake on your wood balcony or from the dock. You won't find another water front home for this price anywhere in East Texas. Don't wait! The manager has listed the unit size as 600 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017