240 Wimbledon Drive #5
About This Property
The manager has listed the unit size as 1404 square feet.
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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%.
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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 21, 2024 | No longer available | - | |
| No longer available | |||
| Jan 25, 2024 | In contract | - | |
| In contract | |||
| Jan 19, 2024 | Listed | $324,900 | |
| Listed | |||
| | |||
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Step into this stunning luxury condominium located in the exclusive Pointe Royale gated community of Branson. This well-established nightly rental boasts an impressive rental history, making it a lucrative investment opportunity, especially in the thriving vacation rental market of this popular area. Discover the allure of two generously-sized bedrooms and baths, adorned with elegant decor and beautiful furnishings, complemented by high-end stainless steel appliances and granite countertops. The result is a beautifully decorated space that exudes luxury.Pointe Royale, one of Branson's most sought-after vacation rental gated subdivisions, offers more than just a residence; it provides a lifestyle. Golf enthusiasts can indulge in the 18 Hole Championship Golf Course with a Pro Shop, and the renowned 19th Hole Restaurant and Bar offering a delightful Happy Hour, appetizers, and a full menu. The community features a clubhouse, indoor and outdoor pools, hot tub, walking/bike trails, a full fitness center, children's playground, dog park, pickleball and basketball courts, lifesize chess, and a delightful Tiki Bar by the pool. With 24-hour security, peace of mind is guaranteed.Situated just moments away from Branson's major attractions, this condo provides easy access to live shows, shopping, dining, and the serene Ozark Mountains. Lake Taneycomo is a short walk from your front door, offering opportunities for fishing, boating, or simply enjoying the picturesque lakeside views. Additionally, the condo is less than 10 minutes from Table Rock Lake and Moonshine Beach, 15 minutes to Silver Dollar City, and 10 minutes to the famous Hwy. 76 making it an ideal location to experience everything Branson has to offer. Don't let this opportunity slip away - whether for personal use, investment, or both, this condo is destined to be a cherished asset for years to come. Schedule a viewing today! The manager has listed the unit size as 1430 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 24, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/19/2024
|
Loft
|
2 Bath
|
1430 ft²
|
$324,900
Loft
2 Bath
1430 ft²
|
-
-
|
Nicole Pettyjohn
Albers Real Estate Group
| |
|
01/14/2021
|
2 Bed
|
2 Bath
|
1404 ft²
|
$183,000
2 Bed
2 Bath
1404 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
3 Bed
|
3 Bath
|
1998 ft²
|
-
3 Bed
3 Bath
1998 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017