218 Bora Bora 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 |
|---|---|---|---|
| Nov 12, 2020 | Sold | ||
| Sold | |||
| Jul 12, 2020 | Listed by Coldwell Banker Realty | $425,000 | |
| Listed by Coldwell Banker Realty | |||
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East facing with peeks of West Bay. Spacious 3 bedroom, 2 bath, tile flooring, recent paint, updated master shower, and tons of entertainment space downstairs. Create your island oasis. You'll love the afternoon shade and bay breezes. Lots of parking in the double-wide driveway for all your friends and family. Easy access to west bay. Come live the Tiki Life!
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About Tiki Island
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$2,500 /mo
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017