4111 Pirates Drive
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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%.
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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 |
|---|---|---|---|
| Feb 7, 2022 | Sold | ||
| Sold | |||
| Oct 9, 2021 | Listed by RE/MAX Leading Edge | $1,170,000 | |
| Listed by RE/MAX Leading Edge | |||
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Beautiful custom home. Comes fully furnished. You will love this open concept to share and entertain with family and friends. 4 Bedrooms and 3.5 baths and sleeps up to 13. Extra large primary bedroom with private balcony with walk in shower, closets and soaker tub. Kitchen has large granite serving area with extra seating, breakfast bar, induction cook tops convections ovens, stainless steel appliance's and an extra large dinning table which seats 10. Enjoy the outdoor covered patios, gulf views and the entertainment area on the 1st level. Just bring your cloths home includes beach gear too. The home has its own private drive for privacy and parking. This is a great opportunity to get AE flood zone home this close to the Beach!!!
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| May 6, 2020 | Sold | ||
| Sold | |||
| Aug 29, 2019 | Listed by Sand N Sea Properties, LLC | $699,000 | |
| Listed by Sand N Sea Properties, LLC | |||
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This Pirates Beach home has been meticulously maintained by the owner/builder Alta Vista Custom Homes. This 4 bedroom, 3.5 bath home sleeps 13. Galley kitchen with beautiful granite counters, convection oven, induction cook top, tons of cabinets, stainless appliances, breakfast bar with 6 bar stools, large dining area with table for 10. Wall to wall windows in dining and living area. Kitchen, living and dining has open space. Spacious utility room for extra storage and pantry. Covered deck and sun deck on first level to enjoy morning coffee with Gulf Breezes. 2nd level master suite includes soaking tub, large walk in shower, large walk in closet, double vanities, and door to private balcony for enjoying your morning book. Outdoor living space with tv and entertaining bar. Comes equipped with furniture and furnishings. Currently used as vacation rental with VRBO. Easy walk to beach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017