4515 Shark 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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by COLDWELL BANKER REALTY | $995,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Jun 4, 2020 | No longer available | - | |
| No longer available | |||
| Mar 12, 2020 | Listed | $649,900 | |
| Listed | |||
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Beautiful waterfront home located in The INLETS, a friendly boating community, on a SALT WATER canal with DIRECT access to the Gulf. NEW 50' boat dock with a 15K lb. lift and cover, open floor plan with 4 bedrooms and 3 baths. This well-maintained custom home has a stunning kitchen that opens to the expanded great room with dry bar, built-ins and fireplace. The updated kitchen features 42” custom wood cabinets with crown molding, granite counter tops with stone tile backsplash, convection oven, and a huge island perfect for entertaining. Decorative crown moldings and rich Brazilian mahogany floors flow throughout the main living areas, including a formal dining room and living room. The expanded wraparound paver lanai is surrounded by mature tropical landscaping providing a relaxing private sanctuary. The pool is heated by solar panels and gas heater. The home also includes a built-in speaker system, plantation shutters, custom window treatments, closet organizers, can lights and ceiling fans throughout. Exterior has storm shutters, perimeter lighting and sprinkler system. LOW HOAs and NO CDDs. The manager has listed the unit size as 2577 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017