160 Periwinkle Drive
About This Property
Live in paradise just 4 houses from the Intracoastal Waterway in a hidden, quiet neighborhood. This pool home boasts a private boat dock along 90 feet of waterfront, a Generac home generator, aluminum roof, digital A/C just to name a few. The split floor plan of 3 Bedrooms, 2 Bath has the master bedroom overlooking the pool and canal. The pass through kitchen with breakfast nook and wine cooler overlooks the pool and large covered porch which is excellent for entertaining. Live the Salt Life every day!
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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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Price Decreased |
$2,895,000
↓ $80K
(2.7%) | |
| Price Decreased | |||
| Jul 29, 2025 | Relisted | $2,975,000 | |
| Relisted | |||
| Jun 19, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017