31
Map
231 Commodore 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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed | $13,500,000 | |
| Listed | |||
| | |||
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DIRECT INTRACOASTAL PROPERTY! This stunning 4-bedroom, 4.1-bathroom residence offers an unparalleled lifestyle with 180 feet of Intracoastal waterfrontage. Nestled on a peaceful cul-de-sac on prestigious Commodore Island, this property boasts breathtaking views of the adjacent State Park. This is a rare opportunity to own a piece of paradise on Commodore Island. Schedule your private tour today and envision the lifestyle you've always dreamed of!
| |||
| Oct 1, 2024 | Listed by Waterfront Properties & Club C | $13,500,000 | |
| Listed by Waterfront Properties & Club C | |||
| Sep 12, 1997 | Sold | ||
| Sold | |||
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About Admiral's Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017