116 Bent Arrow Drive #A
About This Property
This unit is very well located, minutes to the beach, golf, world class shopping and dining and in the A rated school system. Bring your fussiest buyer.
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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 |
|---|---|---|---|
| Nov 8, 2021 | Sold | ||
| Sold | |||
| Aug 30, 2021 | Listed by FlatFee.com | $295,000 | |
| Listed by FlatFee.com | |||
| |||
|
2/2 -1 story renovated condo in highly desirable Indian Creek neighborhood. Large screened in patio with a storage shed and generator hook up, *(Hurricane shutters avail). This quiet neighborhood is Pet friendly, low HOA's, centrally located close to beaches, shopping, restaurants, highways and more! 2 assigned parking spaces plus guest spaces. Completely tiled, Granite countertops in kitchen and baths, which are both updated. No popcorn ceilings, crown molding, beautiful new interior paint in 2021. CBS construction, Central A/C and heat, this unit shows like a model! (*For an extra HOA, a deeded community pool and tennis club & Indian Creek park is within walking distance. Park is loaded with amenities; a children's imagination station, walking trails, basketball, lake, etc. *This is an investors dream- high rental rates yearly and seasonally, close to Marlins spring training facility.
| |||
| Jun 9, 2017 | Sold | ||
| Sold | |||
| Apr 11, 2017 | Listed by The Keyes Company (Tequesta) | $219,000 | |
| Listed by The Keyes Company (Tequesta) | |||
| May 7, 2013 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/30/2021
|
2 Bed
|
2 Bath
|
1224 ft²
|
$295,000
2 Bed
2 Bath
1224 ft²
|
$290,000
-1.69%
11/08/2021
|
Cliff Glansen
FlatFee.com
| |
|
01/24/2020
|
2 Bed
|
2 Bath
|
1224 ft²
|
$225,000
2 Bed
2 Bath
1224 ft²
|
$220,155
-2.15%
03/05/2020
|
Ray Clements
The Keyes Company (PBG)
| |
|
04/11/2017
|
2 Bed
|
2 Bath
|
1200 ft²
|
$219,000
2 Bed
2 Bath
1200 ft²
|
$222,000
+1.37%
06/09/2017
|
Pamela Widerman
The Keyes Company (Tequesta)
| |
|
09/10/2012
|
2 Bed
|
2 Bath
|
1200 ft²
|
$139,900
2 Bed
2 Bath
1200 ft²
|
$128,000
-8.51%
05/07/2013
|
Gail B Lamborn
Platinum Properties/The Keyes
| |
|
03/16/2012
|
2 Bed
|
2 Bath
|
1224 ft²
|
$117,000
2 Bed
2 Bath
1224 ft²
|
$115,000
-1.71%
05/01/2012
|
Thom Montrois
RE/MAX Properties
|
Building Info
About Indian Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017