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2900 SE Dune Drive #235
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Price Decreased |
$3,395,000
↓ $405K
(10.7%) | |
| Price Decreased | |||
| Feb 7, 2025 | Relisted | $3,800,000 | |
| Relisted | |||
| Dec 24, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/11/2024
|
3 Bed
|
3 Bath
|
2625 ft²
|
$3,800,000
3 Bed
3 Bath
2625 ft²
|
$3,360,000
-11.58%
05/02/2025
|
Martin A. Conroy
Sailfish Point Realty, LLC
| |
|
03/02/2023
|
3 Bed
|
3.5 Bath
|
3054 ft²
|
$3,995,000
3 Bed
3.5 Bath
3054 ft²
|
-
-
|
Martin A. Conroy
Sailfish Point Realty, LLC
| |
|
04/02/2021
|
3 Bed
|
3 Bath
|
3054 ft²
|
$2,699,000
3 Bed
3 Bath
3054 ft²
|
$2,500,000
-7.37%
05/14/2021
|
Martin A. Conroy
Sailfish Point Realty, LLC
| |
|
02/01/2021
|
3 Bed
|
3 Bath
|
2625 ft²
|
$1,995,000
3 Bed
3 Bath
2625 ft²
|
$1,930,000
-3.26%
04/16/2021
|
Patricia L. Kloiber
Berkshire Hathaway Florida Rea
| |
|
10/27/2020
|
3 Bed
|
3 Bath
|
3054 ft²
|
$1,750,000
3 Bed
3 Bath
3054 ft²
|
$1,650,000
-5.71%
01/22/2021
|
Patricia L. Kloiber
Berkshire Hathaway Florida Rea
| |
|
09/28/2020
|
3 Bed
|
3 Bath
|
2625 ft²
|
$1,950,000
3 Bed
3 Bath
2625 ft²
|
-
-
|
-
| |
|
02/28/2020
|
3 Bed
|
3 Bath
|
2625 ft²
|
$1,649,000
3 Bed
3 Bath
2625 ft²
|
-
-
|
-
| |
|
10/22/2018
|
2 Bed
|
3 Bath
|
2647 ft²
|
$1,475,000
2 Bed
3 Bath
2647 ft²
|
-
-
|
-
| |
|
04/16/2018
|
3 Bed
|
3 Bath
|
2625 ft²
|
$1,475,000
3 Bed
3 Bath
2625 ft²
|
$1,450,000
-1.69%
07/10/2018
|
Patti Kloiber
Berkshire Hathaway Florida Rea
| |
|
07/29/2017
| |
3 Bed
|
3 Bath
|
2625 ft²
|
-
3 Bed
3 Bath
2625 ft²
|
-
-
|
-
|
|
01/18/2017
|
3 Bed
|
3 Bath
|
3054 ft²
|
$1,350,000
3 Bed
3 Bath
3054 ft²
|
$1,200,000
-11.11%
04/05/2017
|
John B. Gonzalez
Engel & Volkers Stuart
| |
|
01/16/2017
|
3 Bed
|
3 Bath
|
2625 ft²
|
$1,285,000
3 Bed
3 Bath
2625 ft²
|
$1,190,500
-7.35%
03/29/2018
|
Patti Kloiber
Berkshire Hathaway Florida Rea
| |
|
11/15/2012
|
3 Bed
|
3 Bath
|
2625 ft²
|
$1,050,000
3 Bed
3 Bath
2625 ft²
|
$890,000
-15.24%
03/14/2013
|
Patti Kloiber
Berkshire Hathaway Florida Rea
| |
|
09/30/2012
|
3 Bed
|
3 Bath
|
2625 ft²
|
$850,000
3 Bed
3 Bath
2625 ft²
|
$825,000
-2.94%
03/29/2013
|
Patricia L. Kloiber
Berkshire Hathaway Florida Rea
|
Building Info
About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017