67
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1404 Boca Rio Drive
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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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Dec 12, 2025 | Listed by Blue Marlin Real Estate | $449,000 | |
| Listed by Blue Marlin Real Estate | |||
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[72-hour kickout in place] Nestled on a corner lot in prestigious Grand Isle, this idyllic abode provides picturesque estuary views, low-maintenance living and amenities galore. Built in the popular Grand Villa floor plan, this home offers generous living space and clean finishes like newer luxury vinyl flooring-NO CARPET. The open, bright kitchen includes a breakfast bar, pantry, and built-in desk space, and the primary bedroom ensuite features an attached den, office/sitting space, and a generous walk-in closet. The screened patio feels perfect for slow mornings or afternoon unwinding while taking in the water views. The community provides a resort-style pool and an elaborate clubhouse, housing social and wellness activities: dinners, yoga, pickleball, book clubs, cards, and more. Prefer a more relaxed pace? Enjoy stunning spaces to walk, and take in the natural surroundings. Conveniently located near to plenty of dining and entertainment options, 15 min to the beach, hour to Orlando
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| Dec 29, 2020 | Sold | ||
| Sold | |||
| Nov 2, 2020 | Listed by RE/MAX Aerospace Realty | $349,900 | |
| Listed by RE/MAX Aerospace Realty | |||
| Feb 8, 2005 | Sold | ||
| Sold | |||
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About Grand Isle
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017