24
Map
151 Swallow 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 |
|---|---|---|---|
| Jun 6, 2026 | Price Decreased |
$69,000
↓ $9K
(11%) | |
| Price Decreased | |||
| Jan 18, 2026 | Listed by Swept Away Realty | $77,500 | |
| Listed by Swept Away Realty | |||
| Sep 5, 2025 | Listed | $275,000 | |
| Listed | |||
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Here’s your chance to own something truly special! This unique property includes three contiguous residential lots being sold together on the breathtaking North Captiva Island. Together, they create a rare oversized parcel where you can design a spacious island estate—or keep the flexibility to develop or resell the lots individually. North Captiva is a tropical paradise, known for its turquoise waters, white-sand beaches, and laid-back island lifestyle. Accessible only by private boat, charter, or the island’s private airstrip, it’s the perfect place to relax, unwind, and enjoy the beauty of coastal living. For even more convenience, the seller also has a highly desirable boat slip in the
island’s premier marina, available separately—making this offering even more exciting. Don’t miss this rare opportunity to own a piece of paradise and create the island retreat you’ve always dreamed of!
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| Jul 12, 2025 | No longer available | - | |
| No longer available | |||
| Jul 15, 2024 | Listed by Resort Properties Internationa | $95,000 | |
| Listed by Resort Properties Internationa | |||
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This well-priced North Captiva Island building lot is partially cleared and has tons of potential! Close to bay and gulf side beaches plus potential views from the top floor and lookout. Just a short golf cart ride to the beach, fishing area, ferry landing, and dining options. Two adjacent properties, 161 &171 Swallow Dr, are available for purchase if you want more privacy & space or would like to build up to three homes for a family estate or rental property collection.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017