1402 Middle Gulf Drive
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 |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | Listed by Pfeifer Realty Group LLC | $1,545,000 | |
| Listed by Pfeifer Realty Group LLC | |||
| Apr 11, 2024 | No longer available | - | |
| No longer available | |||
| Nov 10, 2023 | Listed by VIP Realty Group, Inc. | $1,595,000 | |
| Listed by VIP Realty Group, Inc. | |||
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The Key-West style home is "like new", fully furnished, and move-in ready! Constructed in 2016-2017, and built to the strongest storm codes of the time. Located directly across the street from Gulf Beaches w/deeded access. Three bedrooms, 3 baths, split-floor plan, impact windows/garage doors, heated saltwater pool/spa, elevator, whole house generator, home office, gourmet eat-in kitchen. Large screened porch overlooks the pool/spa and across the waterway to the Sanibel Golf Club. Under house parking for two vehicles + ample storage, so many upgrades you will recognize the quality of this beautiful home immediately! The manager has listed the unit size as 2031 square feet.
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| Jun 7, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017