25
Map
101 Aqua Ra Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2018 | No longer available | - | |
| No longer available | |||
| Sep 28, 2018 | Listed by Berkshire Hathaway Florida Rea | $525,000 | |
| Listed by Berkshire Hathaway Florida Rea | |||
| Jun 11, 2018 | Listed | $620,000 | |
| Listed | |||
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Newer kitchen, wide water access on protected lagoon. Entrance to lagoon is shallow, need a flat bottom boat or deck boat to navigate. No outboard motors in the lagoon. PRIVATE DOCK INCLUDED. Yard mowing, and reclaimed water for sprinklers, and beach access, are included in the HOA fee. All this and a garage on Hutchinson Island. Walk to beach, restaurants, post office, shopping, all on the Island. The lagoon and the Indian River, is a great place to kayak or boat to the restaurants, lots to do. The manager has listed the unit size as 1669 square feet.
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| Jul 29, 2017 | Listed | $645,000 | |
| Listed | |||
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Newer kitchen, wide water access, on protected lagoon. Entrance to lagoon is shallow, need a flat bottom boat or deck boat to navigate. Common Grounds include picnic area or fishing area on the Intracoastal. No outboard motors in lagoon. Community provides reclaimed water for yard irrigation, included in HOA dues. The manager has listed the unit size as 1669 square feet.
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Property Highlights
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017