1136 Eleuthera Drive NE
About This Property
This is the only property in Bimini Bay that is not attached to another unit. BRAND NEW AC and Air Handler with variable speed in 2021 with new ductwork in 2021, NEW roof in 2021, and NEW water heater in 2020. Front Courtyard has artificial turf for maintenance free living! Gorgeous wood flooring through most of the home plus ceramic tile as well! BRAND NEW stainless steel appliances, very pretty granite countertops with an island for extra seating and countertop space. You can relax on your oversize lanai with marble flooring and electronic hurricane rated screens to soften the sunshine. Just kick back and relax! All the painting has been done for you There are electronic hurricane shutters, 10' ceilings, interior completely painted, exterior is scheduled to be painted as well '||chr(10)||' and the washer and dryer stay! Close to shopping, beaches, parks, great walking and jogging area. Sit by the community pool and soak in the rays! All you have to do here is ENJOY LIFE!!!
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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 14, 2022 | Sold | ||
| Sold | |||
| Mar 10, 2022 | Listed by Keller Williams Realty Brevard | $305,000 | |
| Listed by Keller Williams Realty Brevard | |||
| Nov 8, 2021 | Sold | ||
| Sold | |||
| Oct 1, 2021 | Listed by Keller Williams Realty Brevard | $264,900 | |
| Listed by Keller Williams Realty Brevard | |||
| Mar 1, 2017 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017