4110 Rum Bay
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 |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by JPAR - The Sears Group | $1,150,000 | |
| Listed by JPAR - The Sears Group | |||
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NOW AVAILABLE! 2023 NEW CONSTRUCTION GEM nestled on a cul de sac, in the highly sought-after Pirates Beach subdivision. (Day on Market reflects the time the home was still under construction) Live the ultimate island lifestyle just moments away from the sand, where every day feels like a vacation! Upon entering, be greeted by an oversized open-concept living space adorned with stunning "coffered" ceilings, bathed in natural light streaming through plenty of windows. Step out onto the spacious deck, offering breathtaking vistas of the Gulf, perfect for entertaining. Indulge your culinary desires in the lavish kitchen with custom cabinets, custom lighting, a large quartz island, a gas cooktop, and a walk-in pantry. Every bedroom features an en suite bath adorned with exquisite designer tile. The grand primary suite has a freestanding tub, tile wall detail, double vanities, a large walk-in closet, and a private deck off of your bedroom with VIEWS!. RENTAL INCOME POTENTIAL!
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| Feb 18, 2024 | No longer available | - | |
| No longer available | |||
| Feb 2, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017