138 Bimini Road
About This Property
Direct river access with boat dock!! Deep water canal. Bring your boat and water toys !!
One block from the ocean !! BRAND NEW ceramic tile roof 2019.
Needs some updating. Make it your own... Motivated seller bring your best offer. This house will not last long. Direct banana river access!!
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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 |
|---|---|---|---|
| May 18, 2021 | Sold | ||
| Sold | |||
| Mar 22, 2021 | Listed by SunCoast Real Estate Group | $618,000 | |
| Listed by SunCoast Real Estate Group | |||
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About Cocoa Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017