3150 Binnacle Drive #212
About This Property
The kitchen has been tastefully updated with stunning granite countertops, stainless steel appliances, and ample cabinetry, making it a chef's delight. Both bedrooms feature new furniture, plantation shutters, and crown molding. Located in a prime spot, this condo is less than a mile from the beach, with the added bonus of Moorings Beach membership availability for exclusive access to the pristine sands and turquoise waters. The community offers a fantastic location near shopping, dining, and recreational opportunities. Only 10 minutes from 5th Ave S and 5 minutes from The Shops on Venetian Bay.
Don't miss this opportunity to enjoy lakefront living with beach access in a sought-after 55+ community. Your perfect home awaits! (Updated Photos to come.)
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Cap Rate Calculator
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 28, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 17, 2025 | Listed by Coldwell Banker Realty | $435,000 | |
| Listed by Coldwell Banker Realty | |||
| Nov 2, 2022 | No longer available | - | |
| No longer available | |||
| Oct 20, 2022 | Price Decreased |
$579,000
↓ $21K
(3.5%) | |
| Price Decreased | |||
| Sep 2, 2022 | Price Decreased |
$599,900
↓ $39K
(6.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/18/2026
|
2 Bed
|
2 Bath
|
1000 ft²
|
$295,000
2 Bed
2 Bath
1000 ft²
|
$198,000
-32.88%
07/14/2026
|
Josh Emberg
Amerivest Realty
| |
|
11/12/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$315,000
2 Bed
2 Bath
1000 ft²
|
$220,000
-30.16%
09/17/2026
|
Annie Hagstrom
John R Wood Properties
| |
|
10/30/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$350,000
2 Bed
2 Bath
1000 ft²
|
$270,000
-22.86%
06/12/2026
|
Michelle Lauzier
Douglas Elliman Florida,LLC
| |
|
02/17/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$430,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Diana Marcela Villarreal
Xclusive Homes LLC
| |
|
01/17/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$435,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Jo Mangieri
Coldwell Banker Realty
| |
|
10/06/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$450,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Diana Marcela Villarreal
Xclusive Homes LLC
| |
|
05/24/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$424,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
Ellen Boyce
Keller Williams Elite Realty
| |
|
02/26/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$524,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
christina Burghart Forst
EXP Realty LLC
| |
|
01/03/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$595,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Michelle A Lauzier
Douglas Elliman Florida,LLC
| |
|
11/20/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$439,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Mary Bove
Premiere Plus Realty Company
| |
|
10/23/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$449,500
2 Bed
2 Bath
1000 ft²
|
$300,000
-33.26%
11/12/2025
|
Susy Gurevich
Downing Frye Realty Inc.
| |
|
09/30/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$450,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Charlie Wallen
Naples Flat Fee Realty LLC
| |
|
11/28/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$480,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Debbie Pappas-Burback, PA
Compass Florida LLC
| |
|
05/31/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$580,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Jeffrey L Edmunds
Downing Frye Realty Inc.
| |
|
07/20/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$639,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
Janet Marinis
John R Wood Properties
| |
|
12/14/2020
|
2 Bed
|
2 Bath
|
1000 ft²
|
$329,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
03/26/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$359,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
Darlene Sanders
Premiere Plus Realty Co.
| |
|
03/02/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$339,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
02/16/2021
|
2 Bed
|
2 Bath
|
1000 ft²
|
$375,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
11/07/2019
|
2 Bed
|
2 Bath
|
1000 ft²
|
$254,500
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
07/11/2019
|
2 Bed
|
2 Bath
|
1000 ft²
|
$259,000
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
04/23/2019
|
2 Bed
|
2 Bath
|
1000 ft²
|
$324,900
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
| |
|
05/30/2018
|
2 Bed
|
2 Bath
|
1000 ft²
|
-
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017