1181 Marina
About This Property
Located in a friendly neighborhood, this home is ideal for both full-time residence and vacation getaway. The community amenities include private beaches with golf cart parking, a basketball and volleyball court, a pool, and a spa - all for the residents' enjoyment. Best of all, it is just steps from the water and minutes from the Colorado River, Needles Marina, and Needles Golf Course!
Step outside to a fully fenced backyard designed for entertaining or unwinding under the desert sky. Enjoy a covered patio, built-in gas and BBQ, and a cozy gas fire pit- the perfect spot to take in those peaceful, spectacular sunsets. The property also features an attached large 2-car boat garage, with interior access and a rear door for easy river access. Do not wait- this beautiful river home!
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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 2, 2025 | Listed by Preferred Home Brokers | $449,000 | |
| Listed by Preferred Home Brokers | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 10, 2020 | In contract | - | |
| In contract | |||
| Nov 9, 2020 | No longer available | - | |
| No longer available | |||
| Nov 1, 2020 | Relisted | $335,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017