4237 Pirates Drive
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 |
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| Dec 28, 2020 | Sold | ||
| Sold | |||
| Dec 3, 2020 | Listed by Greenwood King Properties | $1,350,000 | |
| Listed by Greenwood King Properties | |||
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Stunning beachfront one-level masterpiece. Elegance meets beachfront. Expansive deck with pool overlooks sparkling waters of the Gulf of Mexico. Relax with automated cantilever canopies for shade, step into the pool or linger at the railing to watch fabulous sunrises and unparalled sunsets. Step inside to comfort and elegance. Rare large one level living with multiple conversation areas. Beautifully furnished. Furnishings available with exclusions.* A few steps down at ground level is a study and studio. Perfect quiet place for reflection and creativity! Enjoy enchanting sunrises and sunsets over the Gulf of Mexico. Come live the good life at your own private retreat! *per Seller
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| Jul 9, 2017 | Listed | $749,500 | |
| Listed | |||
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LOCATION,LOCATION, LOCATION, enjoy all the comforts of home in this single level beachfront property which has spectacular unobstructed views of the Gulf of Mexico from the panoramic windows; see the ocean from EVERY bedroom.Some features in this open plan living space include; hardwood floors in living areas, carpet in bedrooms, open beam high ceiling with wooden trusses. Great bar space to entertain & be entertained before spilling out to the large deck to watch the sunset or sunrise.The manager has listed the unit size as 2942 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017