4728 Rendezvous Cove
About This Property
In addition, an opulent guest suite sits above a spacious 3-car garage, featuring a full kitchen, dining room, full bath, and 2 comfortable bedrooms, ideal for accommodating visitors or serving as an additional income source.
Outside, a brand-new pool area and outdoor grill invite you to enjoy alfresco living at its finest. The sweeping vistas of the emerald green waters and pristine white beaches seem to blend with the outdoor space, creating the perfect backdrop for relaxation or entertaining.
This property is located within a friendly biking and golf cart community, offering private access to the gulf and its stunning white sand beaches. It's not just a vacation spot, it's a lifestyle, a private paradise in a coveted area, currently utilized as a short-term vacation rental with gross rental projections exceeding $180k-$198k.
Come and explore the opportunity to own a piece of waterfront heaven where every day feels like a vacation, and every moment reminds you of the beauty of coastal Florida living.
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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 |
|---|---|---|---|
| Mar 13, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2023 | Listed by LPT Realty LLC | $2,299,900 | |
| Listed by LPT Realty LLC | |||
| Sep 8, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Feb 2, 2021 | Listed by LPT Realty LLC | $2,295,000 | |
| Listed by LPT Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017