116 Lighthouse Circle #D
About This Property
The manager has listed the unit size as 1777 square feet.
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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%.
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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 |
|---|---|---|---|
| Jul 11, 2022 | No longer available | - | |
| No longer available | |||
| May 28, 2022 | Listed | $495,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/01/2025
|
3 Bed
|
2 Bath
|
1128 ft²
|
$329,000
3 Bed
2 Bath
1128 ft²
|
$320,000
-2.74%
09/04/2025
|
Lex Reising
Illustrated Properties (Abacoa)
| |
|
05/28/2022
|
3 Bed
|
3 Bath
|
1777 ft²
|
$495,000
3 Bed
3 Bath
1777 ft²
|
-
-
|
Simon Lightbourn
Keller Williams Realty
| |
|
07/28/2020
|
3 Bed
|
2 Bath
|
1417 ft²
|
$239,700
3 Bed
2 Bath
1417 ft²
|
$228,000
-4.88%
10/09/2020
|
Bob Graeve
Illustrated Properties LLC (Co
| |
|
07/25/2020
|
2 Bed
|
2 Bath
|
1036 ft²
|
$229,000
2 Bed
2 Bath
1036 ft²
|
$229,000
09/01/2020
|
Chris Burke
Echo Fine Properties
| |
|
09/21/2017
|
2 Bed
|
2 Bath
|
1036 ft²
|
$184,000
2 Bed
2 Bath
1036 ft²
|
$171,000
-7.07%
10/16/2017
|
Carl Rizzuto
Keller Williams Realty Jupiter
|
Building Info
About Tequesta Trace Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017