7
Map
1602 Captains Way #1602
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%.
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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.
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 |
|---|---|---|---|
| Nov 20, 2019 | No longer available | - | |
| No longer available | |||
| Sep 11, 2019 | Price Decreased |
$630,000
↓ $60K
(8.7%) | |
| Price Decreased | |||
| Apr 17, 2019 | Price Decreased |
$689,900
↓ $30K
(4.2%) | |
| Price Decreased | |||
| Mar 11, 2019 | Listed by United Realty Group Inc | $720,000 | |
| Listed by United Realty Group Inc | |||
| | |||
|
Welcome to your ultimate Florida retreat! This renovated condo features contemporary designer finishes, wood flooring, an open floor plan, elevator, and first floor foyer entry. The custom Chef's kitchen is adorned with high end appliances, a gas range, large cooking/dining island, white cabinets, and quartz countertops. Enjoy cocktails on your private screened in XL balcony overlooking the golf course and waterway. The stylish master bathroom features an a walk in shower and dual sinks. ALL IMPACT GLASS WINDOWS! No expense was spared! Home is located within short walking distance to the Admirals Cove Clubhouse, marina, and recreational facilities! Exclusive Gated Community w/24/7 security guards The manager has listed the unit size as 2855 square feet.
| |||
| Nov 6, 2014 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/19/2025
| |
3 Bed
|
2 Bath
|
2855 ft²
|
$2,829,000
3 Bed
2 Bath
2855 ft²
|
$2,750,000
-2.79%
10/15/2025
|
Rob Thomson
Waterfront Properties & Club C
|
|
03/04/2023
| |
2 Bed
|
2 Bath
|
2160 ft²
|
$2,250,000
2 Bed
2 Bath
2160 ft²
|
$2,025,000
-10.00%
07/17/2023
|
Steve Rockoff
The Corcoran Group
|
|
03/05/2021
| |
2 Bed
|
2 Bath
|
1952 ft²
|
$800,000
2 Bed
2 Bath
1952 ft²
|
$800,000
05/21/2021
|
Rob Thomson
Waterfront Properties & Club C
|
|
11/20/2019
| |
2 Bed
|
2 Bath
|
1952 ft²
|
$625,000
2 Bed
2 Bath
1952 ft²
|
-
-
|
-
|
|
03/11/2019
|
2 Bed
|
2 Bath
|
2855 ft²
|
$720,000
2 Bed
2 Bath
2855 ft²
|
-
-
|
Maxime Kaan Lilly
United Realty Group Inc
| |
|
12/03/2018
| |
2 Bed
|
2 Bath
|
1952 ft²
|
$740,000
2 Bed
2 Bath
1952 ft²
|
-
-
|
-
|
|
12/20/2013
|
2 Bed
|
2 Bath
|
2160 ft²
|
$500,000
2 Bed
2 Bath
2160 ft²
|
$475,000
-5.00%
11/06/2014
|
Rob Thomson
Waterfront Properties & Club C
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017