3487 Ocean Bluff Court
About This Property
The residents of the gated Waterways community enjoy access to many amenities with cable and Wi-Fi included with dues, a community clubhouse, pool and fitness center, basketball and tennis courts, volleyball, a BBQ area and park, and even a boat/RV storage lot is available for residents. Enjoy the peace and quiet of the Estates and be near A+ rated public schools, Founder's Square, Publix, and access to I-75.. Furnishings are negotiable. Roof was replaced in 2018, new pool pump in 2022, new super screen in lanai in 2024, new interior paint in 2023, many other upgrades throughout the home.
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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 |
|---|---|---|---|
| Dec 24, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Nov 13, 2025 | Price Decreased |
$495,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Oct 16, 2025 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Sep 16, 2025 | Price Decreased |
$525,000
↓ $30K
(5.4%) | |
| Price Decreased | |||
| Jul 5, 2025 | Listed by Naples Vibe Realty, LLC | $555,000 | |
| Listed by Naples Vibe Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017