50
Map
205 Bora Bora 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 |
|---|---|---|---|
| Aug 13, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Listed by McCallum Realty | $478,000 | |
| Listed by McCallum Realty | |||
| Jan 10, 2025 | Price Decreased |
$499,900
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Dec 1, 2024 | Listed | $525,000 | |
| Listed | |||
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Nestled on Tiki Island, this home offers the perfect blend of comfort, convenience, and coastal charm. With 3 spacious bedrooms, perfect for family or guests and 2 full bathrooms. Private boat dock providing quick access to the canal for boating, fishing, and water activities. Expansive outdoor decks, ideal for entertaining, relaxing, or watching the sunset over the water. Open-concept living space with large windows showcasing picturesque canal views. Fully equipped kitchen with stainless steel appliances, granite countertops. Ample storage space both inside and out, including a dedicated area for water gear or tools. Quiet, peaceful location yet within easy reach of local amenities, dining, and shops. Whether you're looking for a full-time residence or a vacation getaway, this home offers the perfect setting for waterfront living. Step out onto the deck, enjoy the fresh air, and experience the luxury of living on the water!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017