32
Map
351 Nikomas Way
About This Property
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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 13, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Price Decreased |
$849,900
↓ $47K
(5.3%) | |
| Price Decreased | |||
| Apr 12, 2025 | Price Decreased |
$897,000
↓ $21K
(2.3%) | |
| Price Decreased | |||
| Feb 27, 2025 | Listed by One Sotheby's International | $918,000 | |
| Listed by One Sotheby's International | |||
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*ACCEPTING BACKUP OFFERS*
With almost $300k in upgrades, this stunning waterfront oasis offers luxurious, high-end finishes and everything you need for Florida living at its finest. Nestled in Sunnyland Beach, this beautifully updated home features nearly 100 feet of desirable canal frontage, a huge deck and deeded beach access with private parking.
Enjoy your private backyard paradise with over 900 square feet of outdoor living space featuring a sparkling pool and hot tub which are solar AND gas heated under a covered, screened lanai. The 10,000-pound boat lift and separate kayak lift allow you access the deep-water in minutes. Inside, you'll find updates galore including recently remodeled kitchen and baths with quartz countertops, custom cabinetry and stainless steel appliances, new flooring and fresh paint! A whole house generator and hurricane protection ensure peace of mind.
Schedule your private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017