3912 Isla Del Sol
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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 |
|---|---|---|---|
| May 21, 2021 | Sold | ||
| Sold | |||
| Apr 27, 2021 | Listed by Sand N Sea Properties, LLC | $875,000 | |
| Listed by Sand N Sea Properties, LLC | |||
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Rare opportunity for a canal home in Isla Del Sol featuring a 10,000 sq ft + lot with room for a pool and outdoor kitchen/tiki bar entertainment area. This 4 bedrm/3 bath home is spacious & incl. a wood burning fireplace, vaulted ceiling & 4 person breakfast bar. There are 2 bedrms on the main floor, the primary suite + an additional ensuite bedrm are on the 2nd level. Bedrm flooring is carpet, and tile in the living/dining/kitchen area. The main deck is over 950 sq ft of composite deck material, with a cargo lift to the ground level. You will love the water views, east facing orientation & being open to the prevailing southerly breezes. The boat house is currently configured for one boat, but can easily be converted for a 2nd boat, or personal watercraft or left as is for a swimming/fishing/crabbing station. Large patio area, outdoor shower, circular drive for additional parking + a concrete side pad next to home for your trailer storage. The property is awaiting your final touches!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017