1906 Casey Key ROAD
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 |
|---|---|---|---|
| Dec 1, 2022 | Sold | ||
| Sold | |||
| Nov 30, 2022 | Listed by PREMIER SOTHEBYS INTL REALTY | $8,500,000 | |
| Listed by PREMIER SOTHEBYS INTL REALTY | |||
| Feb 8, 2022 | No longer available | - | |
| No longer available | |||
| Oct 6, 2021 | Listed by PREMIER SOTHEBYS INTL REALTY | $14,000,000 | |
| Listed by PREMIER SOTHEBYS INTL REALTY | |||
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An island retreat that will indulge one in true refined living from the Intracoastal Waterway to the sandy shores on the Gulf of Mexico. Throughout the property, every structure and element was reimagined and renovated for well over the past year. Improved to the highest standards, both homes feature the finest attributes of classic coastal living. The main house living areas flow seamlessly from indoors to outdoors; covered terraces, stone paved patios, gardens, gazebo, putting green, fire feature and stunning from every vista. The bayside seawall spans nearly 300 feet with a deep water protected boat basin that can accommodate vessels up to 43 feet. Equally impressive views are found in the guest house. Every car collector’s dream will be realized in the finished garage which accommodates up to 10 cars. For every day transportation needs, the new 3 car garage with electric charging station is easily accessible from the main house. A rare Gulf side cabana provides a respite from the sunshine and 80 feet of private deeded beach - the perfect place to soak in the days and watch the sunset and stars at night. Other improvements include a new Galvalume metal roof, hurricane impact rated doors, new HVAC systems, appliances, travertine flooring, new kitchen and baths. Other expectations are met with whole property camera and security systems, Lutron lighting, whole house generator, new porte-cochere and pristine landscaping is icing on the cake. Casey Key is a rare place where building is reserved for single family homes. Close to dining, shopping, Sarasota and Venice Municipal Airports, private and charter air travel is just minutes away. The manager has listed the unit size as 5767 square feet.
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| Jul 24, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017