1407 AMBASSADOR DRIVE
About This Property
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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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by PREMIER SOTHEBYS INTL REALTY | $520,000 | |
| Listed by PREMIER SOTHEBYS INTL REALTY | |||
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Enjoy close proximity to the area beaches without the cost of being in a flood zone with this cozy home in the lovely community of Imperial Park. The split floor plan home provides privacy to the primary suite, which includes two large walk-in closets. As you enter the home the open floor plan takes your eyes right outside to the fenced in yard and enclosed pool. The enclosed patio area is waiting for a nice table and chairs with an umbrella, so very inviting. The home is turnkey ready but should one desire to update it, the home is priced for those considerations. The major ticket items have been done for this gem including the following: roof in 2018, air conditioner in 2018, and new A/C duct work in 2024. The new homeowner will enjoy close proximity to local schools, magnet schools, shopping, entertainment, our beautiful beaches and so much more. Live, work, play the Florida way.
| |||
| Aug 19, 2024 | Listed by PREMIER SOTHEBYS INTL REALTY | $520,000 | |
| Listed by PREMIER SOTHEBYS INTL REALTY | |||
| Dec 19, 2018 | Sold | ||
| Sold | |||
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About Imperial Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017