2320 Island 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 |
|---|---|---|---|
| Mar 17, 2023 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by Home Leaders Realty Corp | $459,500 | |
| Listed by Home Leaders Realty Corp | |||
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VACANT AND READY TO VIEW AS OF TODAY large 4/3 with carport, Central air, circular drive, closed in & roofed patio with multiple entrances. Good for large families or extended family living. Centrally located right on the west side of Island drive between Pembroke Road and Miramar parkway. available to show ALL DAY EVERY DAY. Owner placed a brand-new roof in Jan 2023 and free termite warranty for 2 years. NEW PAINT INSIDE OUT.
. Property is as good as a mini duplex for extra income for those who choose to share. Don't mind the listing date. The place was rented until November 2022.
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| May 8, 2012 | Sold | ||
| Sold | |||
| Aug 18, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017