3300 Binnacle Drive #205
About This Property
Listed By
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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 |
|---|---|---|---|
| Sep 12, 2026 | Relisted | $449,000 | |
| Relisted | |||
| Jul 6, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 1, 2026 | Relisted | $449,000 | |
| Relisted | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Price Decreased |
$449,000
↓ $16K
(3.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/14/2026
|
2 Bed
|
2 Bath
|
1378 ft²
|
$469,000
2 Bed
2 Bath
1378 ft²
|
$450,000
-4.05%
04/24/2026
|
D'Layne Graney
Coldwell Banker Realty
| |
|
09/20/2023
|
2 Bed
|
2 Bath
|
1378 ft²
|
$549,900
2 Bed
2 Bath
1378 ft²
|
-
-
|
Chandler M Marks, PA
Compass Florida LLC
| |
|
02/19/2024
|
2 Bed
|
2 Bath
|
1458 ft²
|
$499,900
2 Bed
2 Bath
1458 ft²
|
$410,000
-17.98%
11/12/2024
|
Mariano Valenti
Gulf Coast International Prop
| |
|
09/09/2023
|
2 Bed
|
2 Bath
|
1458 ft²
|
$650,000
2 Bed
2 Bath
1458 ft²
|
$610,000
-6.15%
01/18/2024
|
Jennifer J Valenti
Gulf Coast International Properties
| |
|
07/08/2023
|
2 Bed
|
2 Bath
|
1458 ft²
|
$680,000
2 Bed
2 Bath
1458 ft²
|
$670,000
-1.47%
08/15/2023
|
Jennifer J Valenti
Gulf Coast International Properties
| |
|
04/25/2023
|
2 Bed
|
2 Bath
|
1378 ft²
|
$500,000
2 Bed
2 Bath
1378 ft²
|
-
-
|
Rose Anello
Amerivest Realty
| |
|
10/10/2022
|
2 Bed
|
2 Bath
|
1378 ft²
|
$629,900
2 Bed
2 Bath
1378 ft²
|
-
-
|
Chandler M Marks, PA
Compass Florida LLC
| |
|
03/19/2021
|
2 Bed
|
2 Bath
|
1378 ft²
|
$349,900
2 Bed
2 Bath
1378 ft²
|
$358,761
+2.53%
04/28/2021
|
Cory A Rozen
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017