1160 Fourwinds Avenue
About This Property
The 2023 renovation includes stunning updates to every detail- NEW energy-efficient appliances, sleek finishes, and updated bathrooms, ensuring a seamless balance of comfort and sustainability. Whether you're cooking in the modern kitchen or relaxing in one of the luxurious bathrooms, every corner of this home has been thoughtfully designed to provide the ultimate coastal living experience.
Situated on a LARGE LOT the property features a spacious fenced yard, offering plenty of room for a pool, perfect for enjoying the island sunshine. With its ideal location, you're just minutes from Marco Island's pristine beaches, shops, restaurants, and top-rated schools, as well as nearby attractions like the Island Country Club, Marco Island Marina, and Mackle Park. Best of all, NO HOA!
Whether you're looking for a vacation retreat, investment property, or a forever home, this updated coastal beauty offers everything you need to live the Marco Island lifestyle. Don't miss the opportunity to make this luxurious, move-in-ready home your own!
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| Apr 12, 2025 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
| Mar 4, 2025 | Listed by William Raveis Real Estate | $625,000 | |
| Listed by William Raveis Real Estate | |||
| May 1, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Marco Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017