98 Cobia Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 9, 2023 | No longer available | - | |
| No longer available | |||
| Apr 21, 2023 | Listed by Compass Florida, LLC | $2,750,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
|
This lovely coastal home sits on a large corner lot in Crystal Beach, only two short blocks from the beach . This is an incredible opportunity to own an income producing property, rental projections are $250k plus!!! Occupancy is grandfathered in at 20 people and 6 parking spaces, 2023 booking are over $150K ALREADY!!! Among its six bedrooms are two masters, one suite is located on the main level, while five bedrooms are found upstairs including a primary suite with private balcony access, and an en suite bathroom with a soaking tub and standalone shower. The kitchen offers an exceptional amount of storage, granite countertops & seating at bar areas. Its perimeter cabinets ensconce a 9-foot long island. An equally long bar height counter adds to the alreadysignificant seating capacity. The manager has listed the unit size as 3120 square feet.
| |||
| Sep 16, 2021 | Sold | ||
| Sold | |||
| Jun 28, 2021 | Listed by Coldwell Banker Realty | $1,445,000 | |
| Listed by Coldwell Banker Realty | |||
| May 7, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017