2198 SW Mainsail Terrace
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 2, 2020 | Sold | ||
| Sold | |||
| Sep 8, 2020 | Listed by Engel & Volkers Stuart | $580,000 | |
| Listed by Engel & Volkers Stuart | |||
| | |||
|
Florida artist's home located in gated & secure Locks Landing community. 2019 TOTAL REMODEL. Artist's vision for the finest designer finishes & style create calm & relaxing Coastal Florida vibe. Spacious 4-BR, 3-BA, CBS, pool home has 2,563 SF/AC & 3,900 SF/Total, w/large front porch, 3-car gar, pool & screened lanai. Entry, dining & study/office area w/10-ft ceilings opens out to pool & screened lanai. Craftsmanship with new crown molding & wide plank wood flooring evokes pure, relaxed coastal elegance. Owner Suite Bath invites restful, spa-like relaxation. Open plan Kitchen w/natural Quartzite surfaces, abalone backsplash & high-end Chef Signature Kitchen Suite appliances. 3 BR & 2 BA on opposite side from Owner's Suite, privacy for all. HUGE POOL & jetted spa. Exterior Paint in July
| |||
| Jul 1, 2020 | Listed by Berkshire Hathaway Florida Realty | $580,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Jun 22, 2017 | Sold | ||
| Sold | |||
| Oct 2, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017