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25 VIP Island Unit B
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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.
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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 |
|---|---|---|---|
| May 9, 2026 | Listed by 1st Look Realty Inc | $750,000 | |
| Listed by 1st Look Realty Inc | |||
| Sep 20, 2025 | Listed | $845,000 | |
| Listed | |||
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Discover your own private island getaway on VIP Island! This 3BR/2BA waterfront retreat offers 50' of water frontage, a private dock with boat lift, two updated kitchens and remodeled baths. This two story design provides separate living areas on each level, ideal for entertaining family and friends. Relax on breezy porches with panoramic water views; sip morning coffee as boats go by, or cast a line from your own dock. Entertain in the evenings while watching the most stunning sunset views. Accessible only by boat, this home includes part ownership of a mainland lot on US-1 with secure parking, dockage, and a pontoon boat, making your island commute effortless. Cruise to sandbars and waterfront dining, then idle home under starlit skies. Perfect as a family retreat or year-round home.
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| Jul 30, 2017 | Listed | $425,000 | |
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Welcome to this beautiful home on VIP Island, or Grant Farm Island, located in the Indian River in Grant. Enjoy your evenings in your fantastic oversized porch watching the sunset over the river. The home is truly a split plan, with a full living area downstairs, including a kitchenette, dining area, bathroom and bedroom. Upstairs, the main living area, includes a beautiful kitchen, family room with multiple sliding glass doors allowing for beautiful river views, and master bedroom. The downstairs deck opens out to the private dock! Call Lauren Merrell with Dale Sorensen Real Estate for more information, 321-987-3328.The manager has listed the unit size as 1560 square feet.
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About Vacation Island Playground
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$4,000 /mo
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$5,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017