3109 Karen Drive
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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.
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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 29, 2020 | Sold | ||
| Sold | |||
| Feb 4, 2020 | Listed by DeBianchi Real Estate, LLC | $1,349,000 | |
| Listed by DeBianchi Real Estate, LLC | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| May 30, 2018 | Listed | $1,349,000 | |
| Listed | |||
| | |||
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Classic Coastal Mid-Century Modern home directly on the intracoastal waterway which has been totally renovated. Impact glass resistant windows and doors throughout offer extraordinary views of the Estates of Gulfstream across the water. Spacious open floor plan and soaring pickled cypress wood cathedral ceilings provide opportunity for flexible use of the living space. New kitchen cabinets and Ceaser stone counter tops along with all new kitchen appliances. An immaculate single bay garage offers ample estra storage. The Trade Winds intracoastal community is one of the areas best kept secrets just a few minutes from trendy Atlantic Avenue and the beaches of Gulfstream and Delray. This quaint community is now seeing a flurry of beautiful new home construction and remodeling. The manager has listed the unit size as 1611 square feet.
| |||
| Apr 21, 2005 | Sold | ||
| Sold | |||
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About Trade Winds Estates South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017