68
Map
502 Topsail 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 |
|---|---|---|---|
| Aug 2, 2023 | Sold | ||
| Sold | |||
| Jun 10, 2023 | Listed by RE/MAX Elite | $1,995,000 | |
| Listed by RE/MAX Elite | |||
| |||
|
((( EXTRAORDINARY WATERFRONT PROPERTY IN SOUTH INDIAN RIVER ISLES! ))) MAGNIFICENT MEDITERRANEAN MASTERPIECE ON AN INCREDIBLE ''POINT PROPERTY'' w/ABSOLUTELY BREATHTAKING VIEWS OF RIVER THROUGH THE ''ONE OF A KIND'' PROTECTED COVE! BEAUTIFULLY RENOVATED TO INTENSIFY THE SPECTACULAR OPEN F/P CONCEPT...SOARING CEILINGS, EXQUISITE UPGRADES, TROPICAL POOL OASIS & CUSTOM BOAT DOCK w/10,000 LB LIFT MAKES THIS PROPERTY TRULY PHENOMENAL! New granite counters, cabinets, SS appl, flooring, fixtures & interior paint WHOLE HOUSE GENERATOR Split F/P w/formal living, dining, master & guest suite + spacious kitchen overlooking gigantic family room w/21 ft ceilings! Enjoy fantastic river view & rocket launches from upstairs loft/outdoor balcony & Tiki bar! ABUNDANT WILDLIFE...A REAL FISHERMAN'S PARADISE!! PARADISE!!
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| Apr 6, 2023 | No longer available | - | |
| No longer available | |||
| Mar 30, 2023 | Relisted | $1,950,000 | |
| Relisted | |||
| Mar 30, 2023 | Price Decreased |
$1,750,000
↓ $200K
(10.3%) | |
| Price Decreased | |||
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About South Indian Isles
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,250 /mo
- 3 Beds
- 2 Baths
- 2,032 ft²
$2,975 /mo
- 4 Beds
- 3 Baths
- 2,042 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017