1061 Gulfstream Way
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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Jan 27, 2023 | Listed by Illustrated Properties LLC (Singer Island) | $4,699,000 | |
| Listed by Illustrated Properties LLC (Singer Island) | |||
| | |||
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Beautiful Singer Island home with 100' of water frontage and minutes to Singer Island's beautiful beach. Canal offers turning basin spacious enough for up to an 80' boat, direct ocean access, NO fixed bridges, 12 minutes to the beautiful blue Atlantic !! 12'-24' high ceilings, stone fireplace, beautiful kitchen with large island, custom cabinetry and plenty of space for entertaining, cabana bath. Elevator, home theater, intracoastal views from master bedroom balcony, Summer kitchen, sought after Southern exposure, heated saltwater pool with spa and much more.
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| Aug 30, 2017 | Sold | ||
| Sold | |||
| Jul 13, 2017 | Listed by Sutter & Nugent LLC | $2,900,000 | |
| Listed by Sutter & Nugent LLC | |||
| Jan 30, 2012 | Sold | ||
| Sold | |||
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About Palm Beach Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017