4140 Alamanda Key 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 28, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Price Decreased |
$335,000
↓ $7K
(2.1%) | |
| Price Decreased | |||
| Aug 14, 2024 | Listed by J. Edwards Real Estate | $342,000 | |
| Listed by J. Edwards Real Estate | |||
| | |||
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Welcome Home! Lowest Priced 3/2 home located in this gated KEY West inspired 55+ community of Alamanda Key. The home boasts high ceilings, plantation shutters, 2- car garage, R-30 blown insulation, tile and carpeting. The open kitchen boasts granite counter tops, SS appliances/gas stove and a huge breakfast nook. The Large Primary BDRM offers a walk-in closet, carpeting and French doors leading to the enclosed Courtyard. The Primary Bath has a double sink vanity, soaking tub & shower. 2nd BDRM has carpeting, and the 3rd BDRM/Office is tiled and has French doors. The enclosed courtyard has ample room for entertaining. More features of this home include metal roof, steel reinforced concrete, gas WH, wired for security, laundry rm & hurricane shutters. HOA includes full lawn/ irrigation maint., clubhouse, Exercise/fitness area, pool, hot tub, tennis and lakes with walking paths. HOA also can provide internet and TV with Spectrum for an additional cost. This location is close to beaches, shopping, restaurants and I95. Paradise Found!
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| Apr 28, 2016 | Sold | ||
| Sold | |||
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About Alamanda Key
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017