19
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213 Spinnaker Drive
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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 |
|---|---|---|---|
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Listed by The Moorings Realty Sales Co. | $7,895,000 | |
| Listed by The Moorings Realty Sales Co. | |||
| Feb 15, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Nov 8, 2024 | Listed by The Moorings Realty Sales Co. | $7,895,000 | |
| Listed by The Moorings Realty Sales Co. | |||
| | |||
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Rare opportunity! Exciting new build located in the Anchor of the Moorings, one of Vero’s premier gated communities. Fully permitted, ready to start immediate construction. Sited on oversized lot to maximize water views & privacy. Built on pilings & designed with highest building standards. Over 6,200 SF, featuring a spacious Club Room with bar & wine room, large office, gourmet kitchen, sauna and stream shower in primary suite, interior dual-sided glass fireplace, attached guest casita, outdoor BBQ & fire pit, pool & hot tub, and private deep-water dock. Sizes approx. buyer to verify.
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| Jul 5, 2023 | Sold | ||
| Sold | |||
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About South Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017