2610 SE 7th 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 |
|---|---|---|---|
| Jun 29, 2020 | Sold | ||
| Sold | |||
| Dec 5, 2019 | No longer available | - | |
| No longer available | |||
| Dec 3, 2019 | Listed by Florida Luxurious Properties | $4,250,000 | |
| Listed by Florida Luxurious Properties | |||
| Dec 23, 2018 | Price Increased |
$4,250,000
↑ $260K
(6.5%) | |
| Price Increased | |||
| Oct 11, 2018 | Listed by Florida Luxurious Properties | $3,990,000 | |
| Listed by Florida Luxurious Properties | |||
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Move-in ready & newly completed! Modern architecture & wide open intracoastal views on Lake Santa Barbara! Surrounded by other new multi million dollar residences in quiet residential community close to shopping & dining on Atlantic Blvd.Enjoy stunning views from all 3 levels! 4 Bedroom Suites + Office/Gym + Club Room. Open great room & dining room wrap around the Chef's kitchen & breakfast area. Summer kitchen & expansive loggia to resort style pool. Elevator access & dramatic floating staircase. Level 2 offers Club Room & 3 bedroom suites. Ultra luxurious Master Suite with private balcony, spa bath, huge closets & private lounge/gym/den area. Custom pool design & concrete dock for multiple boats, jet skis, etc. The manager has listed the unit size as 5757 square feet.
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About Cypress Point
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$9,995 /mo
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017