20 Grand Bay Estates Circle
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%.
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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by G & V Options & Solutions Inc | $3,800,000 | |
| Listed by G & V Options & Solutions Inc | |||
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Experience unparalleled living in Key Biscayne’s exclusive single-family, private, and gated community. Enjoy 24/7 absolute security and a dedicated community park. This residence boasts a spacious floor plan with 6 bedrooms and 6 bathrooms, bathed in natural light throughout. The home features elegant formal living and dining areas, a cozy family room, and a large kitchen. The property includes an enclosed 2-car garage.
Relax in the beautiful pool and jacuzzi area. The pool and gardens are meticulously maintained by the Association, ensuring a pristine outdoor space. Located in the heart of Key Biscayne, this home is within walking distance to the beach, Ritz Carlton restaurants, and a variety of amenities and shopping centers. Move in ready and easy to show.
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| May 5, 2016 | Sold | ||
| Sold | |||
| Aug 15, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017