1509 Polynesian Lane
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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 |
|---|---|---|---|
| Jul 2, 2023 | No longer available | - | |
| No longer available | |||
| Jun 30, 2023 | Sold | ||
| Sold | |||
| May 29, 2023 | In contract | - | |
| In contract | |||
| May 26, 2023 | Listed by Coldwell Banker Schmidt Family Of Companies | $379,900 | |
| Listed by Coldwell Banker Schmidt Family Of Companies | |||
| | |||
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Don't let the year built fool you. This custom renovated pool home offers, 2-yr metal roof, new hurricane enforced garage door, PVC privacy fence, Impact Windows & Blinds, front load washer & dryer, new dishwasher, ADT security system. new microwave, garbage disposal, remote control ceiling fan, new slider w/blinds, flag pole, gutters and down spouts, new drain field, 2-new storm doors w/screens, cement driveway, new pool filter & cement around outdoor pool, sun shade awning on pool deck, new basketball hoop, all new sod front & back yard and the Palm Trees as well. Better than new, come see. The manager has listed the unit size as 1417 square feet.
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| Mar 27, 2023 | Listed by RE/MAX Aerospace Realty | $379,900 | |
| Listed by RE/MAX Aerospace Realty | |||
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About Sebastian
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017