1359 Nimitz Court
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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Jul 14, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Price Decreased |
$285,000
↓ $14K
(4.7%) | |
| Price Decreased | |||
| Jun 26, 2024 | Listed by Denovo Realty | $299,000 | |
| Listed by Denovo Realty | |||
| | |||
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With easy Florida living near Turtle Creek Golf Course
these homes don't last long! Step inside this quiet, quaint, waterfront home! With tile throughout and an amazing screened in patio you're sure to enjoy natures best views and wildlife. This home features 2 bedrooms, 2 full bathrooms and a wood burning fireplace! New ROOF placed in 2020, NEWER AC and NEW Exterior paint June 2024! The neighborhood is well maintained and full of mature trees with benches around the pond for relaxation. With a short distance to the golf course & restaurants it makes this property even more desirable! Very close to hwy 95, Viera shopping center, 20+ minutes to beaches and 45 min to Orlando!
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| Jan 3, 2017 | Sold | ||
| Sold | |||
Property Highlights
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About Admiralty Lakes Patio Homes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017