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Map
491 Pisces Drive
About This Property
This Coastal compound on over 1/2 an acre at the end of the quaint, Non HOA, 10 home subdivision welcomes you in along a private drive with well groomed front yard, studded with Magnolias. A neighborhood boat launch is just across the way, with navigable waters through the marsh. The possibilities are endless whether you live here full time, choose to rent 1, or both homes, or expand and make your own visions a reality. This land and this setting truly are 1 in a million! Make an appointment and come see for yourself.
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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 |
|---|---|---|---|
| May 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 16, 2024 | Listed by Beach Properties of Florida | $3,200,000 | |
| Listed by Beach Properties of Florida | |||
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Nestled along the shores of the Choctawhatchee Bay, this extraordinary bayfront home has been completely reinvented and reimagined to offer the epitome of coastal luxury living. With an impressive 147 feet of pristine bay frontage and a spacious 3,934 square feet of living space, carriage house included, this property is a true coastal gem. Situated on a private corner lot, it boasts panoramic bay views that will take your breath away. Thoughtfully designed with modern luxury to include, high-end finishes, top-notch appliances, and a spacious layout. With 4 bedrooms, 4 1/2 baths plus loft, this home provides ample room for both relaxation and entertainment. The carriage house adds a touch of charm and versatility to the property, suitable for guests, a home office, or a studio. Relax on The manager has listed the unit size as 3997 square feet.
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| Nov 14, 2023 | No longer available | - | |
| No longer available | |||
| Sep 27, 2023 | Listed by Beach Properties of Florida | $3,400,000 | |
| Listed by Beach Properties of Florida | |||
| | |||
|
Nestled along the shores of the Choctawhatchee Bay, this extraordinary bayfront home has been completely reinvented and reimagined to offer the epitome of coastal luxury living. With an impressive 147 feet of pristine bay frontage and a spacious 3,934 square feet of living space, carriage house included, this property is a true coastal gem. Situated on a private corner lot, it boasts panoramic bay views that will take your breath away. Thoughtfully designed with modern luxury to include, high-end finishes, top-notch appliances, and a spacious layout. With 4 bedrooms, 4 1/2 baths plus loft, this home provides ample room for both relaxation and entertainment. The carriage house adds a touch of charm and versatility to the property, suitable for guests, a home office, or a studio. Relax on The manager has listed the unit size as 3934 square feet.
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| Jul 2, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017