1026 Eleuthera Drive NE
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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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Mar 24, 2025 | Price Decreased |
$299,000
↓ $16K
(5.1%) | |
| Price Decreased | |||
| Feb 7, 2025 | Listed by RE/MAX Elite | $315,000 | |
| Listed by RE/MAX Elite | |||
| | |||
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This charming 2/2 half duplex is nestled in the serene, gated community of Bimini Bay. The Bahama shutters, screened in porch and beautiful water views will take you straight to Key West. Move-in ready and worry free with new roof, new HVAC, new flooring, newer water heater, and REME HALO Air purifier installed in 2024. This home is updated with 10-foot ceilings, new SS appliances, granite countertops and offers a split floor plan with a bonus office/den. Conveniently located near I-95, restaurants & shopping. The HOA fee covers lawn care, pool maintenance, roof replacement, & exterior painting - all that's left is to move in, relax & enjoy!
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| Feb 26, 2024 | No longer available | - | |
| No longer available | |||
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017