220 Howard DRIVE
About This Property
and waterfront, the master suite has and a generously sized closet with closet system and private access to the pool deck. Master bath enjoys views of the waterfront and includes a jetted spa tub, dual marble vanities and a walk-in shower. Second bedroom overlooks the waterfront and guest bath doubled as a pool bath. Third bedroom is large and en suite, with a full bath and generous closet storage. Out back you'll discover sweeping water views, a large brick paver deck with sizeable pool and a 235sqft covered lanai with wet bar area. Step down to your dock and boat lift and quickly escape to the open water and Gulf of Mexico. The home has an newer seawall, large side yard that is ideal for pets, and extensive storage space throughout. All measurements and dimensions are estimates, buyer to verify measurements/dimensions.
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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 27, 2023 | Sold | ||
| Sold | |||
| Oct 24, 2023 | In contract | - | |
| In contract | |||
| Oct 6, 2023 | Listed by CENTURY 21 JIM WHITE & ASSOC | $2,290,000 | |
| Listed by CENTURY 21 JIM WHITE & ASSOC | |||
| Nov 16, 2021 | Sold | ||
| Sold | |||
| Jun 22, 2021 | Listed by CENTURY 21 JIM WHITE & ASSOC | $1,650,000 | |
| Listed by CENTURY 21 JIM WHITE & ASSOC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017