1202 Ocean Spray DRIVE
About This Property
The thoughtful arrangement of this home includes two bedrooms at the front, sharing a full bathroom, and a conveniently located laundry room adjacent to the garage. There is also a fourth bedroom, which can be used as a den, accompanied by a powder room for visitors. The primary bedroom, a private sanctuary with its own bathroom, is discreetly placed at the rear of the house, providing a peaceful retreat.
Conveniently located just a short drive from I-75, this home offers quick access to local hotspots and amenities. Within the community, residents can enjoy a resort-style pool, playground, and various sports areas. Experience the epitome of coastal living with a plethora of amenities just moments away. Imagine having a marina, complete with a vibrant boat club, a charming tiki restaurant, and a picturesque beach, all within a mere 5-minute drive from your new home. This property is perfect for those seeking a Florida lifestyle filled with relaxation and adventure.
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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, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 16, 2024 | Price Decreased |
$365,000
↓ $4K
(1.1%) | |
| Price Decreased | |||
| Mar 6, 2024 | Price Decreased |
$369,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Feb 21, 2024 | Relisted | $373,500 | |
| Relisted | |||
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About Ruskin
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Currently no similar homes aroundNearby Rentals
$2,600 /mo
- 4 Beds
- 2 Baths
- 2,439 ft²
$2,600 /mo
- 4 Beds
- 2 Baths
- 2,439 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017