2911 Bluewater Cove
About This Property
Courchene Development and Ironwood Properties have collaborated to create the Bluewater Cove community with the expertise of the renowned Affinity Architects. Disclaimer: Real estate agents affiliated with The Corcoran Group are independent contractor sales associates and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker located at 400 Royal Palm Way, Suite 110, Palm Beach, Florida 33480. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice.
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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 |
|---|---|---|---|
| Mar 13, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2023 | Listed by The Corcoran Group | $4,875,000 | |
| Listed by The Corcoran Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Gulf Stream
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017