1150 MANDARIN Road S
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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.
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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 12, 2012 | Sold | ||
| Sold | |||
| Jul 9, 2012 | Listed by Keating Associates LLC | $399,000 | |
| Listed by Keating Associates LLC | |||
| Feb 6, 2012 | Listed by Keating Associates | $399,000 | |
| Listed by Keating Associates | |||
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One of the most desirable neighborhoods in Naples. Over sized cleared lot ready to be built on or hold for future use bordred by park and serene lake. Close to beach and all Naples is famous for. One of very few lots availalbe in the renowned Coquina Sands/Parkshore area.... .61 acres on the lake off of Mandarin Drive set off of US...Central to everything, build your dream home on this lot and walk to the beach, walk to the mall, be downtown in 60 seconds, 5 minutes to I75...what else could you ask for?? Lot is cleared ready to go. This is a bank owned sale so come fast and come strong. Average new home sales price in the area is $1,650,000...between lot and build cost you could be in for under a million!!...over 132 sales in the last 12 months...area is red hot!! AS of 5/12/2012 there are 8 active lots in Coquina Sands subdivision priced from $2,195,000 down to $311,000. Subject lot is 2nd to lowest priced lot in Coquina Sands and it is the lowest priced per square foot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017