4507 Furling Lane #STE310
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 |
|---|---|---|---|
| Sep 26, 2026 | Price Decreased |
$245,000
↓ $14K
(5.4%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$259,000
↓ $30K
(10.4%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by Keller Williams Realty Destin | $289,000 | |
| Listed by Keller Williams Realty Destin | |||
| May 1, 2023 | No longer available | - | |
| No longer available | |||
| Jan 21, 2023 | Price Decreased |
$439,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2023
|
3 Bed
|
3 Bath
|
1915 ft²
|
$335,000
3 Bed
3 Bath
1915 ft²
|
-
-
|
Ryan M Wallace
Century 21 Blue Marlin Pelican
| |
|
12/24/2022
|
3 Bed
|
3 Bath
|
1801 ft²
|
$449,000
3 Bed
3 Bath
1801 ft²
|
-
-
|
Sherrie D Salas
Keller Williams Realty Destin
| |
|
01/19/2022
|
3 Bed
|
3 Bath
|
1915 ft²
|
$310,000
3 Bed
3 Bath
1915 ft²
|
-
-
|
Sherrie D Salas
Keller Williams Realty Destin
| |
|
10/16/2021
|
3 Bed
|
3 Bath
|
1915 ft²
|
$325,000
3 Bed
3 Bath
1915 ft²
|
$299,000
-8.00%
03/01/2022
|
Teresa Turner
Berkshire Hathaway HomeServices
| |
|
08/23/2021
|
3 Bed
|
3 Bath
|
1915 ft²
|
$350,000
3 Bed
3 Bath
1915 ft²
|
-
-
|
Michael D Sakalauski
EXP Realty LLC
| |
|
06/27/2021
|
Loft
|
-
|
-
|
$335,000
Loft
-
|
$315,000
-5.97%
09/10/2021
|
Adam Cung
World Impact Real Estate
| |
|
06/25/2021
|
2 Bed
|
3 Bath
|
1500 ft²
|
$450,000
2 Bed
3 Bath
1500 ft²
|
-
-
|
Ann Nunn
Destin Luxury Real Estate and Rentals
| |
|
08/19/2020
|
Loft
|
-
|
-
|
$325,000
Loft
-
|
$305,000
-6.15%
02/19/2021
|
Rachael A Earley
Somers & Company
| |
|
07/31/2017
| |
3 Bed
|
3 Bath
|
1915 ft²
|
-
3 Bed
3 Bath
1915 ft²
|
-
-
|
-
|
|
04/28/2015
| |
7 Bed
|
7 Bath
|
5632 ft²
|
$3,999,000
7 Bed
7 Bath
5632 ft²
|
$3,850,000
-3.73%
07/09/2015
|
Allen Adams
850 Properties
|
|
09/26/2012
|
3 Bed
|
2 Bath
|
2140 ft²
|
$284,900
3 Bed
2 Bath
2140 ft²
|
$279,900
-1.76%
11/16/2012
|
Ann Marie James
Silver Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017