1551 IXORA 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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| May 16, 2018 | Listed | $5,890,000 | |
| Listed | |||
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This modern master piece was designed to take advantage of every square inch of the property and is perfectly situated on the lot, offering Southwest rear exposure over the bay. The second you walk thru the front door of this estate home you will think you just checked in to a five star resort on a tropical island. The attention to detail is evident in every room.. The kitchen features Black galaxy granite countertops, Brazilian Walnut Cabinets and a Alcohol eco smart fire pit. Bamboo cabinets in guest bathroom. Hurricane impact glass throughout, 22ft ceilings, Custom steel commercial stairs with glass rails. 3 Ac units 3 zone. Aqualink system setup for pool/spa and fire bowls Elec. heater for pool spa is gas 125 gal propane tank buried Mosquitos spray system on the exterior Flood lights all around the property. Outdoor summer kitchen with bar grill hood and fridge. 2 boat lifts 25lb lift and 15lb plus jetski lift. GE profile appliances, Video Surveillance system wifi enabled Alarms on all doors and windows Modern Architectural wood ceiling design Stacks tone finishing accents throughout 5.1 surround sound built in speakers Large pantry with extra full size fridge/freezer. The manager has listed the unit size as 6209 square feet.
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| Jul 29, 2017 | Listed | $7,100,000 | |
| Listed | |||
| | |||
|
This modern master piece was designed to take advantage of every square inch of the property and is perfectly situated on the lot, offering Southwest rear exposure over the bay. The second you walk thru the front door of this estate home you will think you just checked in to a five star resort on a tropical island. The attention to detail is evident in every room.. The kitchen features Black galaxy granite countertops, Brazilian Walnut Cabinets and a Alcohol eco smart fire pit. Bamboo cabinets in guest bathroom. Hurricane impact glass throughout, 22ft ceilings, Custom steel commercial stairs with glass rails. 3 Ac units 3 zone. Aqualink system setup for pool/spa and fire bowls Elec. heater for pool spa is gas 125 gal propane tank buried Mosquitos spray system on the exterior Flood lights all around the property. Outdoor summer kitchen with bar grill hood and fridge. 2 boat lifts 25lb lift and 15lb plus jetski lift. GE profile appliances, Video Surveillance system wifi enabled Alarms on all doors and windows Modern Architectural wood ceiling design Stacks tone finishing accents throughout 5.1 surround sound built in speakers Large pantry with extra full size fridge/freezer.The manager has listed the unit size as 6209 square feet.
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| Mar 15, 2011 | Sold | ||
| Sold | |||
| Mar 1, 2010 | Listed by Florida Platinum Realty | $1,200,000 | |
| Listed by Florida Platinum Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017