245 COMPASS ROSE Drive
About This Property
Margaritaville! get Live Music 365 days a year with 3 Pools, Private Beach Club with a Shuttle, 10 Pickleball Courts, 5 Tennis Courts, 5 Bocce Ball Courts, Theater, Bar , Restaurant, Band Shell, Fitness Center, and a Pet Spa for an HOA of $281.43 per month?
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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 |
|---|---|---|---|
| Jan 20, 2023 | Sold | ||
| Sold | |||
| Dec 22, 2022 | Listed by ENDLESS SUMMER REALTY | $599,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
| | |||
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Wow best priced Breeze model in Margaritaville. Come see this barely lived in home with a ton of upgrades. No expenses were spared as this was supposed to be their forever home, life changes have turned into your opportunity. When you walk in the front door your eyes will be drawn to the huge sliders with natural light leading out to the beautiful oversized screened in lanai with a waterview. This two bedroom home also has a huge office with double glass French doors. The kitchen has been well outfitted with all Stainless appliances, granite counter tops, upgraded cabinetry, and under the counter lighting. Not to mention this is a gas community, stove and water heater are natural gas. Plantation shutters throughout the house.
The owners bathroom has granite countertops, a huge frameless walk in shower, and a large walk in closet. Why wait 24 months, have it all now !
Margaritaville! get Live Music 365 days a year with 3 Pools, Private Beach Club with a Shuttle, 10 Pickleball Courts, 5 Tennis Courts, 5 Bocce Ball Courts, Theater, Bar , Restaurant, Band Shell, Fitness Center, and a Pet Spa for an HOA of $281.43 per month?
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| Oct 6, 2022 | Listed by ENDLESS SUMMER REALTY | $599,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
| Sep 22, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017