12535 3rd ISLE
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%.
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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 |
|---|---|---|---|
| Sep 19, 2025 | Price Decreased |
$475,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Aug 19, 2025 | Price Decreased |
$485,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Aug 9, 2025 | Price Decreased |
$495,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
| Aug 4, 2025 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Jun 2, 2025 | Listed | $550,000 | |
| Listed | |||
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Deep water canal, direct Gulf access, Has never flooding including recent hurricane. Home sits high and dry.
Welcome to waterfront living at its finest! This beautifully remodeled 2-bedroom, 2-bathroom home with a 1-car garage is located in Hudson’s sought-after waterfront community of Leisure Beach. Featuring a newer roof and hurricane rated windows, stylish updates throughout, open floor plan, the home is completely move-in ready. Complete with water conditioning system and full home automation.
Outside, enjoy your own private 10,000-lb boat lift and dock on a deep-water canal with direct Gulf access, perfect for boating and fishing enthusiasts.
Whether you’re seeking a full-time residence, seasonal retreat or income producing, this home offers the ideal blend of modern comfort and Florida’s coastal lifestyle. Watch the sunset and dolphins right from you private dock.
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About Leisure Beach
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RE/MAX MARKETING SPECIALISTS
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# W7850849
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