20064 Ocean Key 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%.
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 |
|---|---|---|---|
| Oct 4, 2023 | Sold | ||
| Sold | |||
| May 20, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by RE/MAX Advantage Plus | $578,000 | |
| Listed by RE/MAX Advantage Plus | |||
| | |||
|
GRAND CAYMAN V MODEL WITH GORGEOUS LONG LAKE VIEWS! POPULAR SPLIT FLOOR PLAN WITH A SPRAWLING WIDE-LINE DESIGN WITH LAKE VIEWS FROM MASTER BEDROOM, LIVING ROOM, BREAKFAST NOOK, FAMILY ROOM, AND 5TH BEDROOM/OFFICE. UPGRADES AND FEATURES INCLUDE: S-TILE ROOF (2016), DUAL ZONED AIR CONDITIONING, 1 A/C UNIT 2017, 2 WATER HEATERS (ONE 50 GALLON IN 2017), VOLUME CEILINGS, SOLAR HEATED POOL, AND MUCH MORE. BOCA ISLES IS A 24/7 GUARD GATED COMMUNITY WITH BEAUTIFUL CLUBHOUSE, TENNIS COURTS, BASJET BALL COURT, COMMUNITY POOL, AND A TOT LOT. MAINTENANCE FEE INCLUDES CABLE TV, AND HIGH SPEED CAT5 INTERNET SERVICES. A INTERIOR AND EXTERIOR PAINT JOB, AND A LITTLE TLC NEEDED TO MAKE THIS A PLACE TO CALL HOME!
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| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Nov 2, 2019 | Price Decreased |
$600,000
↓ $39K
(6.1%) | |
| Price Decreased | |||
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About Boca Isles South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017