4440 Luke Avenue
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 |
|---|---|---|---|
| Jul 6, 2022 | No longer available | - | |
| No longer available | |||
| Jul 1, 2022 | Listed by Ocean Reef Realty Inc | $1,390,000 | |
| Listed by Ocean Reef Realty Inc | |||
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This four-bedroom home offers a great location in Crystal Beach, which places you within walking distance of the emerald waters of the gulf. The two-story home is surrounded by a white picket fence, with a walkway that leads to a wraparound, enclosed porch. Etched glass doors at the entrance open into the living area. The modern kitchen includes stainless steel appliances and bright cabinetry, accented by an ebony black countertop. Double wide arched portals lead into a formal dining room, with expansive views of the salt water pool. A guest bedroom is on the first floor with access to a full hall bath. On the second floor, the spacious master bedroom includes two walk-in closets and en suite bathroom with a walk-in shower and soaking tub. The manager has listed the unit size as 2806 square feet.
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| Aug 29, 2014 | Sold | ||
| Sold | |||
| Sep 15, 2013 | Listed by Scenic Sotheby's International Realty | $549,000 | |
| Listed by Scenic Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017