1130 Bimini Lane
About This Property
■ Hurricane Shutters/ Impact windows 2016
■ A/C replaced 5 ton in 2013 and 2 ton 16 seer 5KW in 2016
■ Re-Roof in 2005
■ Dock, 10 Piles and Boat Lift 20,000 P 2011
■ Adding of 10 pilings and Dock in 2011
■ Electrical Service upgrade
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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 27, 2020 | Sold | ||
| Sold | |||
| Jul 1, 2020 | Listed by Compass Florida LLC | $1,475,000 | |
| Listed by Compass Florida LLC | |||
| Jul 30, 2017 | Listed | $1,495,000 | |
| Listed | |||
| | |||
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Looking for square footage, elegance and water frontage, look no further. This home has it all. The interior of the home boasts 4 large bedrooms and 3.5 renovated bathrooms. The open floor concept living and dining areas are perfect for large family gatherings. On the exterior you will find 100 feet of deep water frontage, framed by an up-dated trex dock with a plexiglass window and boat lift. additional feature are include a 600 Sqft upper terrace, partial impact windows, additional parking and lots more. Must see!The manager has listed the unit size as 2624 square feet.
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| Mar 27, 2006 | 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