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3131 Gatlin Drive
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Price Decreased |
$814,900
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Jul 9, 2024 | Listed by Blue Marlin Real Estate | $829,900 | |
| Listed by Blue Marlin Real Estate | |||
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Sweet Dreams are made of this picturesque Ravencliffe pool home capturing everything to love about Florida as its focal point with impressive down-the-pond views. Meticulous maintenance and timeless elegance abound with 12' ceilings, plantation shutters, luxurious primary suite with trey ceiling & sitting area, 2019 high-efficiency hybrid water heater, 2021 roof & variable speed pool pump, 2022 HVAC, 2022 solar panels, and the most stunning of home renovations: whole-home wood-look tile, entertainer's dream white kitchen with designer cabinetry, sprawling island, quartz countertops, wall-mounted pot filler, wine bar & built-in bay window dinette, all open into the living space. The clean design extends into the bathrooms with marble tile finishes, and a dual-shower & ever-coveted cast iron pedestal tub in the primary ensuite. A triple pocket slider is your gateway to the quintessential FL lifestyle with a generous lanai & glistening pool. Zoned for desirable, top rated Viera schools!
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| Mar 30, 2023 | Sold | ||
| Sold | |||
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About Ravencliffe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017