1945 IBIS POINT Lane
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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.
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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 12, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jul 29, 2023 | Listed by ENGEL & VOLKERS FIRST COAST | $550,000 | |
| Listed by ENGEL & VOLKERS FIRST COAST | |||
| Sep 26, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $349,000 | |
| Listed | |||
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It is all about the backyard with this intracoastal beauty in Ibis Point. This well established pool home boasts a split floor plan that offers formal living and dining room, comfortable living area with warm fireplace for cozy evenings, user friendly kitchen with sunny breakfast nook and a one and only master suite with bath that offers garden tub and a spacious closet with custom lighting and access to the extensive back yard (double lot ) with tons of character and custom heated pool and fruit trees! A must see!The manager has listed the unit size as 1915 square feet.
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017