17
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1063 Salmon Isle
About This Property
With only $55 per month in HOA fees, you'll enjoy all the benefits of a well-maintained community without breaking the bank. And with its convenient location, you'll have easy access to all the best that Wellington has to offer, from world-class equestrian events to top-rated schools.
So why wait? Come see this amazing property today and start enjoying the best of Florida living!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 26, 2023 | Sold | ||
| Sold | |||
| May 5, 2023 | Listed by Home Partnership Group, LLC | $469,999 | |
| Listed by Home Partnership Group, LLC | |||
| Nov 14, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2020 | Listed by Home Partnership Group, LLC | $325,000 | |
| Listed by Home Partnership Group, LLC | |||
| Dec 23, 2008 | Sold | ||
| Sold | |||
Property Highlights
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About Olive Tree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017