12507 STINGRAY PLACE
About This Property
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Listed by FLORIDA HOMES REALTY & MORTGAGE GVILLE | $17,000 | |
| Listed by FLORIDA HOMES REALTY & MORTGAGE GVILLE | |||
| May 13, 2025 | Price Decreased |
$12,000
↓ $5K
(29.4%) | |
| Price Decreased | |||
| Mar 24, 2025 | Listed | $17,000 | |
| Listed | |||
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Your Dream Home Awaits! This mostly cleared and well-maintained vacant lot is nestled in the desirable community of Rotonda Meadows & Villas at Placida, on a peaceful cul-de-sac. Just minutes to the Gulf and beaches this slightly oversized parcel awaits your future dream home. The lot has central water and sewer available and power is within the area. Because of deed restrictions/HOA requirements, this development emphasizes conservation to wildlife and asks for a minimum of 1600 sf homes that are architecturally pleasing. Whether you're looking to build your forever home or a seasonal retreat, this lot offers a great combination of convenience and serene surroundings. Don't miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017