1089 INVERNESS Drive
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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 |
|---|---|---|---|
| Jun 1, 2017 | Sold | ||
| Sold | |||
| Mar 14, 2017 | Listed by ROUND TABLE REALTY | $389,900 | |
| Listed by ROUND TABLE REALTY | |||
| Sep 16, 2016 | Listed by ROUND TABLE REALTY | $389,900 | |
| Listed by ROUND TABLE REALTY | |||
| Jun 30, 2015 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $399,990 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
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A fantastic luxury home with incredible decoration and style in the sensational Cascades 55+ Active Adult community in World Golf Village/St. Augustine! Owner is a general contractor, so you know all the finest quality upgrades and finishes were installed here. Be sure to view photos and HD video! Serene view off the screened Lanai of the wooded conservation that frames the rear yard. 2,600 sq. ft. so easy to ''downsize' from a larger home, with plenty of wall space for all your favorite artwork. Home includes TWO separate, private bedroom/bath suites - one for the Owner, one for Guests, and perfect for a live-in parent. Owner's Suite has separate His/Hers Bathrooms! Expansive living space all around with high ceilings that make every room soar! Ready for immediate closing and move in! Homeowner's Association fee of $358.00/monthly (billed quarterly) assures CARE-FREE living at the Cascades! Amount includes ALL grounds-keeping, including lawn cutting and care, hedge trimming, fertilizer, mulch, outside ground pest control AND irrigation water (will save owner hundreds of dollars per year!). Full-time Security gate (staffed 8am-5pm), 85+ channel DirecTV package, monitoring of the home's internal Security System, and full access to the 30,000 sq. ft. Clubhouse and Fitness Center compound (see photos) with TWO pools, one indoor and heated, Har-Tru Tennis Courts, and much, much more!
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| Nov 13, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017