118 Snapper Creek Drive
About This Property
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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 |
|---|---|---|---|
| May 6, 2026 | Price Decreased |
$987,500
↓ $108K
(9.8%) | |
| Price Decreased | |||
| Mar 30, 2026 | Listed by Coldwell Banker Schmitt RE Co | $1,095,000 | |
| Listed by Coldwell Banker Schmitt RE Co | |||
| Jun 15, 2025 | Listed | $1,150,000 | |
| Listed | |||
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This turn-key canal front home checks all the boxes...PRICE, CONDITION, LOCATION! Pristinely updated, this 2 bed/2 bath home is being offered furnished & ready for you to move right in. Tankless water heater, NEW 2025 A/C. ALL impact windows and doors. The 999 sq ft of living space provides bright, open & comfortable island living and the high ceilings with wood accents create a charming coastal atmosphere throughout the home. Large sliders extend the living space out onto the screened in porch, creating a seamless flow between indoor & outdoor living. The perfect place to enjoy the ocean breeze & a beautiful Keys sunset. The ground level of the home features an enclosed storage, perfect for housing boating & fishing gear & the carport not only provides covered parking but also doubles as
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| Nov 12, 2015 | Sold | ||
| Sold | |||
| Sep 15, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017