17
Map
1539 Bayshore 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 27, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Price Decreased |
$1,600,000
↓ $54K
(3.3%) | |
| Price Decreased | |||
| Feb 16, 2025 | Price Decreased |
$1,654,000
↓ $46K
(2.7%) | |
| Price Decreased | |||
| Jan 14, 2025 | Listed by Blue Marlin Real Estate | $1,700,000 | |
| Listed by Blue Marlin Real Estate | |||
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This Cocoa Beach waterfront oasis invites you to experience 100' of canal frontage with direct access to the Banana River on a sprawling .47-acre lot, with lots of room for activities (& all your toys), AND just 2 blocks to public beach access! This concrete block home has undergone a remarkable overhaul, including Hardie board siding, impact windows, metal roof, re-plumb & a grand, vaulted entryway that elevates it to modern beach aesthetic. The total renovation blends modern function with coastal charm, featuring a sensible, split floor plan, thoughtful & modern finishes, like quartz countertops & a soaring vaulted ceiling that adds an airy elegance uncommon in most remodels. PLUS a convenient half bath & indoor laundry room. French doors open to a tropical backyard paradise, perfect for entertaining with lush landscaping, a sparkling pool, ''it's 5 o'clock somewhere'' Tiki Pavilion, a covered small boat launch & a sitting dock, perfect for soaking in the most swoon-worthy sunsets.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017