3100 Binnacle Drive #305
About This Property
Listed By
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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 |
|---|---|---|---|
| May 16, 2026 | Relisted | $349,500 | |
| Relisted | |||
| May 14, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jan 22, 2026 | Price Decreased |
$375,000
↓ $35K
(8.5%) | |
| Price Decreased | |||
| Nov 10, 2025 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jul 23, 2025 | Listed by Compass Florida LLC | $425,000 | |
| Listed by Compass Florida LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/16/2024
|
2 Bed
|
2 Bath
|
874 ft²
|
$389,000
2 Bed
2 Bath
874 ft²
|
-
-
|
Daniel Avissato
John R Wood Properties
| |
|
06/21/2023
|
2 Bed
|
2 Bath
|
1100 ft²
|
$389,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Mary Ann Cooper
Downing Frye Realty Inc.
| |
|
07/19/2023
|
2 Bed
|
2 Bath
|
874 ft²
|
$499,000
2 Bed
2 Bath
874 ft²
|
-
-
|
Daniel Avissato
John R Wood Properties
| |
|
01/09/2009
|
2 Bed
|
2 Bath
|
900 ft²
|
$279,900
2 Bed
2 Bath
900 ft²
|
-
-
|
Mary Ann Cooper
Downing Frye Realty Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017