1685 Timacuan Drive
About This Property
•Spacious and Open Layout: The home boasts open-concept living areas with high ceilings, providing a bright and airy atmosphere, perfect for both relaxing and entertaining.
•Gourmet Kitchen: The chef-inspired kitchen is equipped with brand-new stainless steel appliances, a large central island, and durable Corian countertops-ideal for casual dining and meal preparation.
•Master Suite Retreat: The generously sized master suite features an oversized walk-in closet, a luxurious en-suite bathroom with a soaking tub, separate shower, and dual vanities. A separate seating area provides a peaceful space for relaxation and privacy.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 23, 2026 | Sold | ||
| Sold | |||
| Jan 25, 2026 | In contract | - | |
| In contract | |||
| Jan 3, 2026 | Price Decreased |
$489,900
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Oct 30, 2025 | Price Decreased |
$510,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Sep 9, 2025 | Relisted | $515,000 | |
| Relisted | |||
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About Grand Isle
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017