8
Map
3707 Mitote Drive
About This Property
Enjoy exclusive community amenities, including a swimming pool, tennis courts, beach access, kayak launch, and a fishing pier-ideal for those who love outdoor adventures and coastal living. Whether you envision a relaxing retreat or breathtaking views, this lot offers the perfect blend of nature and convenience.
Don't miss this rare opportunity to own a piece of bayfront paradise-where gentle waves, coastal breezes, and stunning scenery create the ultimate waterfront lifestyle.
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Mar 1, 2025 | Listed by Carter Signature Properties | $123,000 | |
| Listed by Carter Signature Properties | |||
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Discover the perfect waterfront escape with this stunning bayfront lot, offering an unparalleled opportunity to build your dream home in the serene Indian Beach community. Nestled along the tranquil shores of the West Bay, this property provides expansive water views, mesmerizing sunsets, and a peaceful coastal ambiance.
Enjoy exclusive community amenities, including a swimming pool, tennis courts, beach access, kayak launch, and a fishing pier—ideal for those who love outdoor adventures and coastal living. Whether you envision a relaxing retreat or breathtaking views, this lot offers the perfect blend of nature and convenience.
Don't miss this rare opportunity to own a piece of bayfront paradise—where gentle waves, coastal breezes, and stunning scenery create the ultimate waterfront lifestyle.
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Last Updated: 5 months ago
Data Source: HAR , MLS# 80895573
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017