RE-LISTED AS 8.2% CAP Rate LORDSHIP INVESTMENT OPPORTUNITY...DIRECT WATER VIEWS... New to market this UPDATED +/- 647 square foot SHORT BEACH condominium unit available for sale located on Short Beach Road in Lordship. The floor plan includes 1 bedroom, 1 full bathroom, kitchen, living room, 2 balconies, basement storage and reserved covered parking space. Features include; new flooring throughout the entire unit, new stainless steel appliances, quartz countertops, new tile backsplash, full interior paint job, all new light fixtures, new toilet, vanity and new hot water heater. This unit is located directly across the street from the golf course, steps to the beach, and a minutes drive to Metro North and I-95. Water views from the balcony! The unit is RENTED from July 1, 2024 - June 30, 2025 @ $2,400 / month. The Annual Net Operating Income is +/- $20,440 = 8.2% CAP Rate. The Listing Agent is the Seller.
CondoProperty Type
1984Year Built
$406Est. Price/Sq.Ft.
1 car garageParking
Listed by Ralph Lewis• Coldwell Banker Realty
Bought with Ralph Lewis• Coldwell Banker Realty
Source:Smart MLS #24016538
Redfin Estimate
$269,398
$19K since sold in June 2024$8,000 since August
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This home's estimate is 13.2% higher than the average sale price ($238K) of 6 comparable homes.