35
Map
1670 Lago Mar 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%.
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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 7, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by RE/MAX Aerospace Realty | $460,000 | |
| Listed by RE/MAX Aerospace Realty | |||
| Jan 31, 2018 | Sold | ||
| Sold | |||
| Nov 6, 2017 | Listed by Charles Rutenberg Realty | $277,000 | |
| Listed by Charles Rutenberg Realty | |||
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Immaculate 3/2 home in popular Grand Isle - a 55+ Gated Community. The bright and Open Kitchen has Glass Front Cabinets, New Stainless Appliances, a Large breakfast bar and spacious eat-in area with plantation shutters. The Formal Dining room can accommodate family and friends and opens to the Family room that includes a wet bar! The enclosed Florida room has windows along the entire wall keeping the house filled with natural light. The Master Suite is large and the Bath includes Double sinks, a soaking tub, separate shower and a built-in walk in closet. The back patio is a great place to relax and enjoy the Florida Lifestyle. Grand Isle offers so many amenities and daily activities including a Clubhouse, Pool, Tennis/Pickleball Courts and more. Convenient to shopping and hospitals.
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| Jul 8, 2017 | Listed | $275,000 | |
| Listed | |||
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Immaculate 3/2 home in one of the most popular 55+ Gated Communities - Grand Isle. The Bright and Open Kitchen is fully appointed with Upgraded cabinets including Glass Front Doors, New Stainless Appliances, a Large breakfast bar and a spacious eat-in area. The Formal Dining room can accommodate a large table and china cabinet and opens to the Family room that includes a wet bar! The Enclosed Porch/bonus area has windows along the entire wall keeping this house filled with natural light. The split bedroom floorplan has the Master Bedroom and Bath that includes his and hers sinks and a garden tub. There are two other secondary bedrooms with a privacy hallway connecting them. The back patio area is a great place to relax and enjoy Florida weather. A newly brick pavered driveway and impeccable landscaping increase curb appeal. Extra insulation has been added to the attic to make this home more energy efficient. Grand Isle offers so many amenities and almost daily activities including a Clubhouse, Pool, Tennis/Pickleball Courts, Bocce Courts and more. The Avenue and easy shopping, 4 Golf Courses, hospitals and a movie theater are all conveniently located. Schedule your showing today!The manager has listed the unit size as 2025 square feet.
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About Grand Isle
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017