10
Map
103 Bonito 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%.
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 |
|---|---|---|---|
| Apr 21, 2026 | Listed by Serhant | $2,200,000 | |
| Listed by Serhant | |||
| Dec 8, 2021 | Sold | ||
| Sold | |||
| Sep 27, 2021 | Listed by Engel & Voelkers Delray Beach | $1,499,000 | |
| Listed by Engel & Voelkers Delray Beach | |||
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Build your dream home on the water in this coveted Ocean Ridge enclave. The most affordable waterfront lots in town, they offer the opportunity for total customization in building and finishes - get exactly what you want and keep your boat in the backyard. A short walk to the OR Beach Club and minutes by boat to the Inlet. Live the SoFlo dream life and enjoy everything that coastal living has to offer. 15 minutes to Atlantic Ave, 20 minutes to Palm Beach.
Purchase Options:
a. Lot 103 - Approx 10,255 sqft
b. Lot 102 - Approx 13,010 sqft
c. Both lots - 23,265 sqft on the water to build a truly spectacular waterfront estate totaling over 7,000 sqft under air.
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Property Highlights
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Price/ft²
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About Mc Cormick Mile
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 2 Beds
- 2 Baths
- 2,476 ft²
$3,500 /mo
- 2 Beds
- 2 Baths
- 1,129 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017