12 Port Royale Road
About This Property
Other notable features include hard wood floors, brand new carpet in bedrooms, a new modern fire place in the living room, and a brand new hot water heater. This home has been lovingly maintained and it shows in every detail.
Outdoor spaces include a private front patio, backyard with new gazebo, a lush garden, relaxing spa, and easy access to the pristine beaches. All vegetation is on a drip system for effortless maintenance.
The Coronado Cays neighborhood offers an active lifestyle with amenities such as a pool/spa, clubhouse, dog park, tennis and pickleball courts and 24 hour guarded security.
Residents enjoy the convenience and proximity to the island's renowned beaches, dining, and shopping. Experience the epitome of coastal elegance and relaxed living in this exceptional Coronado Cays gem.
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Cap Rate Calculator
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 1, 2024 | Sold | ||
| Sold | |||
| Oct 13, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $1,749,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Oct 4, 2024 | Price Decreased |
$1,749,000
↓ $50K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017