40
Map
2900 SE Dune Drive #405
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 16, 2021 | Sold | ||
| Sold | |||
| Feb 1, 2021 | Listed by Berkshire Hathaway Florida Rea | $1,995,000 | |
| Listed by Berkshire Hathaway Florida Rea | |||
| Mar 14, 2013 | Sold | ||
| Sold | |||
| Nov 15, 2012 | Listed by Sailfish Point Realty | $1,050,000 | |
| Listed by Sailfish Point Realty | |||
| |||
|
A magnificent ocean view highlights this 3 BR/3BA penthouse unit at Ocean Isles offering a spacious living room with rich wood built-ins and fireplace, granite counters in the kitchen, large master suite with outfitted closet, hexagonal tray ceiling in the foyer and gallery with French doors overlooking terrace.
| |||
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
|
$3,395,000
3 Bed
3 Bath
2625 ft²
|
$3,360,000
-1.03%
05/02/2025
|
Martin A. Conroy
Sailfish Point Realty, LLC
| |
|
03/02/2023
|
3 Bed
|
3 Bath
|
3054 ft²
|
$3,150,000
3 Bed
3 Bath
3054 ft²
|
$3,000,000
-4.76%
04/04/2025
|
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
|
Patricia L. 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
|
Patricia L. 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
|
Patricia L. 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