470 SHORE Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 28, 2015 | Sold | ||
| Sold | |||
| May 1, 2015 | Listed by RE/MAX Coastal Properties | $699,000 | |
| Listed by RE/MAX Coastal Properties | |||
| May 17, 2013 | Sold | ||
| Sold | |||
| Jan 31, 2008 | Listed by RE/MAX Coastal Properties | $650,000 | |
| Listed by RE/MAX Coastal Properties | |||
| | |||
|
SHORT SALE... BRING ALL OFFERS... PRICE REDUCED! This traditional home has mesmerizing views of the Choctawhatchee Bay from practically every room and is situated on a one half acre lot with 102' of waterfront living. This tasteful, customized residence begins with the beautifully etched front door created by local artist featured in Destin Designs magazine in 2003 - Robert Smith. The finest quality details are woven into this traditional-style home, such as beautiful rosewood flooring with cashmere finish in the kitchen, den, office and downstairs hallway and marble flooring in entree way. Other features include: separate formal living and dining room with gas fireplace (3 total fireplaces, 2 are gas and 1 woodburning), African Nepson range gold granite countertops, new stainless appliances including a Jen-Aire stove, upgraded light fixtures, art niches. There is a very large separate mother-in-law quarters on second floor with a private entrance and includes a full bath and kitchenette with a deck overlooking the bay. Take the entertaining outside through the French doors to the large Gunite pool with 5 fountains, covered boat house with boat lift, two fishing cleaning stations with sink and freshwater shower. A total 1,700 feet of tiled decking is available for viewing of spectacular sunrises and sunsets. Additionally the home features, abundant storage and closets, low maintenance brick exterior. All in an extremely private setting with mature trees and tropical landscaping. All dimensions to be verified by purchaser.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017