33
Map
4900 NE Spinnaker Point Place
About This Property
Spa while Listening to Therapeutic Sounds of the Cascading Waterfall! Luscious and Tropical Landscaping surround this Wonderful Home in the 12 Residence, Gated Subdivision of Spinnaker Point! Enjoy Boating on the Intracoastal Waterway as this Home Comes with a Boat Slip, which accommodated the owners 43ft Midnight Epress, at the Community Marina! Entertaining Out of Town Guests? Not a Problem, They will Love You for putting them up in the Private 1BR, 1BA Guesthouse While You Prepare Dinner in the Main Residence's Gourmet Kitchen! It's 5 O'Clock so Turn up the Jimmy Buffet and Let the Drinks Pour at Your Very Own Private Margaritaville!
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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%.
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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 28, 2017 | Sold | ||
| Sold | |||
| Aug 15, 2017 | Listed by RE/MAX Select Group | $1,050,000 | |
| Listed by RE/MAX Select Group | |||
| | |||
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Discover and enjoy the tropical splendor of Key West living on Hutchinson Island! Walk through the Gate and Across the Footbridge into the Courtyard and Enjoy the Lagoon Style, Serpentine shaped Pool with Grotto Style Enclosed Spa while Listening to Therapeutic Sounds of the Cascading Waterfall! Luscious and Tropical Landscaping surround this Wonderful Home in the 12 Residence, Gated Subdivision of Spinnaker Point! Enjoy Boating on the Intracoastal Waterway as this Home Comes with a Boat Slip, which accommodated the owners 43ft Midnight Express, at the Community Marina! Entertaining Out of Town Guests? Not a Problem, They will Love You for putting them up in the Private 1BR, 1BA Guesthouse while You Prepare Dinner in the Main Residence's Gourmet Kitchen! It's 5 O'Clock so Turn up the Jimmy Buffet and Let the Drinks Pour at Your Very Own Private Margaritaville!
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| Dec 5, 2016 | Listed by RE/MAX Community | $1,050,000 | |
| Listed by RE/MAX Community | |||
| Dec 10, 2012 | Sold | ||
| Sold | |||
Property Highlights
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017