405 BAYTREE DRIVE
About This Property
Build your ideal home on this generously sized 7,500 sq. ft. (60' x 125') vacant residential lot located at 405 Baytree Drive in the highly sought-after community of Rotonda West. This property is situated in Zone X, a low-risk flood zone, providing peace of mind and excellent insurance rates.
Nestled in a tranquil and beautifully landscaped neighborhood, this lot offers privacy and scenic surroundings, perfect for those seeking a serene lifestyle. Rotonda West is a rapidly growing community known for its peaceful atmosphere, well-maintained streets, and access to recreational amenities including golf courses, nature preserves, and nearby beaches.
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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 4, 2025 | Listed by AGENT TRUST REALTY CORPORATION | $27,900 | |
| Listed by AGENT TRUST REALTY CORPORATION | |||
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Dec 1, 2023 | Listed by AGENT TRUST REALTY CORPORATION | $20,900 | |
| Listed by AGENT TRUST REALTY CORPORATION | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017