25
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2878 SE DUNE Drive
About This Property
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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 |
|---|---|---|---|
| Apr 19, 2018 | Sold | ||
| Sold | |||
| Jan 2, 2017 | Listed by One Sotheby's International Re | $995,000 | |
| Listed by One Sotheby's International Re | |||
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SF per Floor Plan. The beach is steps away from this lovely Dune Walk villa. The bright interior boasts vaulted ceilings, clerestory windows, glass walls, built-ins and thoughtful art niches. The spacious living room opens to a wrap-around, screened lanai suitable for outdoor entertaining. Or indulge indoors in a well-appointed kitchen and adjoining family room. The private master suite boasts an expansive master bath, sitting area and views of a peaceful stone waterfall. Two ensuite guest rooms on the second floor complete the accommodations. The sparkling pool and spa, surrounded by lush tropical landscaping, rivals nearby ocean scenery.
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| May 24, 2012 | Sold | ||
| Sold | |||
| Feb 17, 2011 | Listed by Sailfish Point Realty | $995,000 | |
| Listed by Sailfish Point Realty | |||
Property Highlights
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017