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3903 Evening Primrose Drive
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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by United Real Estate | $1,400,000 | |
| Listed by United Real Estate | |||
| Jan 30, 2023 | Sold | ||
| Sold | |||
| Jan 13, 2023 | Listed by United Real Estate | $345,000 | |
| Listed by United Real Estate | |||
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UNBEATABLE BAYFRONT LOCATION TO BUILD YOUR DREAM HOME! One of the prime and rare oversized bayfront lots. Located in a quiet Culdesac overlooking the bay and Sunset Pool. Only one neighbor with reserve area on the other side. Build a two-story home here and you may have peaks of the Gulf and San Luis Pass as well as unobstructed Sunset views over the Bay. Located in the remarkable vacation destination of POINTE WEST it is just a short golf cart ride away to the Beach Club Pool and meticulously maintained Pointe West Beach. You can also enjoy the newly heated lazy river and Sunset pool. This community offers exclusive amenities like no other on the island. IE. Two pools, two spas, lazy river, on-site restaurant, fitness center, hiking, bike, or golf cart paths, owners lounge, game room, and a beautiful maintained beach. All of this makes Pointe West a very popular place to reside, build your second home, or a potential incoming producing rental property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017