1414 Cormorant Road
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 |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2023 | Listed by RE/MAX Services | $795,000 | |
| Listed by RE/MAX Services | |||
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Florida living at its best! This charming Tropic Palms home is perfect for water enthusiasts and features a large backyard, a private dock and beautiful canal views! Fish from your dock or launch a boat, kayak or paddle board and explore the canals leading to Lake Ida, Lake Eden and other navigable waterways. There is plenty of room for a pool, Tiki hut or expanding the living space. This renovated home features 2 master suites; each bedroom has an ensuite bath, a walk-in closet and sliding glass doors leading out to the screened patio and backyard. The open kitchen is light and bright with quartz counters, stainless appliances, counter-height seating for two and a pass-through window to the patio. Other features include bamboo hardwood flooring, hurricane impact garage door, dock with
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| Apr 2, 2014 | Sold | ||
| Sold | |||
| Mar 4, 2014 | Listed by RE/MAX Services | $279,900 | |
| Listed by RE/MAX Services | |||
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About Tropic Palms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 2 Beds
- 1 Bath
- 1,203 ft²
$7,900 /mo
- 3 Beds
- 2 Baths
- 2,071 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017