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125 Ibis Drive
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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%.
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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 |
|---|---|---|---|
| Aug 1, 2025 | No longer available | - | |
| No longer available | |||
| Apr 10, 2025 | Price Decreased |
$1,064,000
↓ $26K
(2.4%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed by Real Estate Ink Co Inc | $1,089,900 | |
| Listed by Real Estate Ink Co Inc | |||
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2019 Custom built Home. Features include a metal roof, 42'' kitchen cabinets, soft close drawers, stunning quartz countertop at island. Vaulted 12' ceilings main area, 10' throughout, secondary primary ste above the garage w/separate outdoor covered porch. Cat 6 Ethernet every room! Separate laundry doubles as butlers pantry & sink. Bar area separate beverage fridge. Split plan. Primary suite main floor, soak in tub/separate walk in rain shower w/ 2nd showerhead. Hurricane sliders exit to the custom pool out in the rear with beach area. SPF Electric screens lanai. Garage pre-wired w/220 volt.
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| Nov 17, 2024 | Price Decreased |
$1,099,900
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Sep 2, 2024 | Listed | $1,150,000 | |
| Listed | |||
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Stunning Custom home (2019). Beautifully designed house combines luxury, functionality, and modern living.
Highlights include Durable metal roof with concrete construction on both floors,
Kitchen: 42'' custom cabinetry with soft-close drawers, complemented by stunning island quartz countertops, perfect for entertaining, Vaulted 12' ceilings in the main living area, with 10' ceilings throughout the rest of the home.
Spacious 1st-floor primary suite with his & her walk-in closets, a luxurious soaking tub, and a separate walk-in rain shower with an additional regular showerhead.
Secondary Primary Suite located above garage, featuring covered outdoor privacy porch for relaxation.
Technology: Pre-wired with Cat 6 Ethernet in every room for seamless connectivity.
Laundry/Butler's Pantry: Separate laundry room doubles as butler's pantry, featuring
sink for added convenience. Seller asking for reasonable offers which will be considered. Submit offer Bar Area: Includes a separate beverage fridge for drinks and snacks. Split Floor Plan: Thoughtfully designed to provide privacy between the primary suite and secondary bedrooms. Outdoor Living: Custom pool with beach area, accessible via hurricane-rated sliders. Enjoy the rear lanai with SPF electric screens for additional comfort. Garage: Pre-wired for a future electric car hook-up with a 220V outlet. Whole-Home Generator: Plug already installed for a future generator. Community & Amenities:
MSPOA Membership: Optional membership with a minimal fee grants access to private ocean and river parks.
New Cabana: Recently built cabana at the ocean & river park with outdoor grills and tables. Boat Dock & Ramp: Enjoy access to a boat dock, small boat ramp, and kayak storage. Nature Access: Explore the preserve located within the neighborhood, perfect for outdoor lovers.
This home is a dream for those seeking a modern, well-equipped living space with seamless access to nature and recreational activities. See features sheet for more details!
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About Melbourne Shores
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$6,500 /mo
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- 2,299 ft²
$5,000 /mo
- 3 Beds
- 2 Baths
- 1,865 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017