15899 Captiva Drive
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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%.
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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.
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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 1, 2025 | Price Decreased |
$5,250,000
↓ $700K
(11.8%) | |
| Price Decreased | |||
| Feb 17, 2025 | Price Decreased |
$5,950,000
↓ $300K
(4.8%) | |
| Price Decreased | |||
| Feb 4, 2025 | Listed by Royal Shell Real Estate, Inc. | $6,250,000 | |
| Listed by Royal Shell Real Estate, Inc. | |||
| Jan 3, 2025 | No longer available | - | |
| No longer available | |||
| Feb 8, 2024 | Listed by Premier Sotheby's Int'l Realty | $6,900,000 | |
| Listed by Premier Sotheby's Int'l Realty | |||
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Captiva Gulf-front with boat dock! This "Paradise Found" beach house is checking all of the boxes. Gulf frontage, boat dock with 16,000-lb lift, large pool and outdoor entertainment area, elevator, whole-house generator system, new impact doors and windows with a 3-car garage. Enjoy unobstructed Gulf views from nearly every room. The great room floor plan is perfect for entertaining - the living area radiates with natural light, providing a spectacular, panoramic view of the Gulf. The primary suite offers a private sundeck, spacious bath, and separate office. There are two guest en-suites, one offering a terrace with fantastic Gulf views, and the other overlooking the pool area. A spacious family room and bonus area are on the lower level.
Gulf to Bay living at its best!
Paradise Found, Gulf front, with the option to purchase this estate separately or collectively with the bay front "Rainbow's End" estate creating the ultimate gulf-to-bay compound and ultimate waterfront experience.
See MLS#224045415-15891 Captiva Dr
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017