118 Clipper Lane
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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 |
|---|---|---|---|
| Aug 30, 2017 | Sold | ||
| Sold | |||
| Aug 29, 2017 | Listed by Waterfront Properties & Club C | $8,000,000 | |
| Listed by Waterfront Properties & Club C | |||
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Location Location Location - This home has one of the best wide water views in Admirals Cove.Surround yourself in luxury in this one of a kind home, it boasts waterfall walls, disappearing sliding doors, clean lines, extensive use of marble/stone and warm woods, Zen garden with rock walls and water features, babbling brooks & lush tropical landscaping. The moment you walk inside you are enveloped by soothing sights and sounds.Open granite chef's kitchen w/breakfast & bar seating. 2 story wood paneled office overlooking the wide water. Infinity pool & hot tub, stone summer kitchen are just a few of the many features. The master suite is second to none with serene views of the waterway and bird sanctuary. Lavish master bath with white marble & wood, his/hers water closets & vanities, spa tub
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| Jul 28, 2017 | Sold | ||
| Sold | |||
| Apr 25, 2016 | Sold | ||
| Sold | |||
| Mar 9, 2015 | Listed by Illustrated Properties LLC (Jupiter) | $7,795,000 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
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About Admiral's Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017