984 Blue Water Highway
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 |
|---|---|---|---|
| Feb 11, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | No longer available | - | |
| No longer available | |||
| Nov 13, 2025 | Listed by Land Shore Realty Group | $399,900 | |
| Listed by Land Shore Realty Group | |||
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Well priced! Just one row from the beach, this well-priced 3-bedroom, 2-bath Surfside home sits on a quiet street with only seven houses and is just steps from the shared walkover for easy beach access. Close enough to hear the waves, it offers easy access to the sand and the relaxed coastal lifestyle everyone dreams of. Inside, the spacious living and dining area is filled with natural light, while the refreshed kitchen features modern finishes and an open layout perfect for gathering after a day on the beach. The split floor plan offers privacy, with the primary suite separate from the guest rooms. Enjoy the large deck—partially covered for shade and perfect for catching the coastal breeze. With nearby access to the golf cart path, exploring the island is effortless. Thoughtfully updated and move-in ready, this home is ideal for a beach retreat, full-time residence, or income-producing rental. Schedule your showing today to experience Surfside living up close.
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| Oct 15, 2025 | Price Decreased |
$415,000
↓ $34K
(7.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017