24
Map
101 Shores 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%.
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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.
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 6, 2024 | No longer available | - | |
| No longer available | |||
| Jun 6, 2023 | Listed by Dale Sorensen Real Estate, Inc. | $3,500,000 | |
| Listed by Dale Sorensen Real Estate, Inc. | |||
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Mediterranean Inspired Custom Built Waterfront Villa in The Shores: Nestled among soothing ancient oaks, mature tropical environment with a meandering lake & nature preserve atmosphere in guard gated community. 4 Beds, 4 1/2 Baths, soaring ceilings, inspiring fireplace, transparent circular elevator, Library/Study, Formal Dining, Game Room with Wet Bar. Huge outdoor living in a tropical paradise with resort style saltwater pool & spa, covered lanai, Summer Kitchen w/Italian pizza oven Meticulously designed for comfort in entertaining family & friends! A Must See! Sizes approx/subj to error The manager has listed the unit size as 4436 square feet.
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| Jul 12, 2016 | Sold | ||
| Sold | |||
| Dec 9, 2013 | Sold | ||
| Sold | |||
| Dec 20, 2011 | Listed by Norris & Company | $1,295,000 | |
| Listed by Norris & Company | |||
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About Indian River Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017