1205 Marina Drive
About This Property
Inside, you'll find a move-in ready space that's exceptionally clean and bright. It boasts modern amenities like ceiling fans and recessed lighting throughout, enhancing the overall ambiance. The home's design provides a welcoming and functional living environment.
Location-wise, you're just a stone's throw from two launch ramps and have easy beach access, making water activities a breeze. For winter enthusiasts, the property also offers great access to off-roading trails, perfect for adventurous outings. Whether you're into golf, boating, or off-roading, this home provides a prime base to enjoy all your favorite activities.
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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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Mar 1, 2025 | Listed by Preferred Home Brokers | $449,500 | |
| Listed by Preferred Home Brokers | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017