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504 Kendall Drive
About This Property
Each bedroom features a private en-suite, making it ideal for hosting overnight guests in comfort and style. Spend your days boating, jet skiing, or kayaking with open water just 25 minutes away, and return to a home that combines relaxation with luxury. Whether dining alfresco, lounging poolside, or enjoying the tranquility of the bay, every moment here embodies the best of island living. At 504 Kendall Drive, your private paradise is ready to welcome you every day.
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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 |
|---|---|---|---|
| Sep 14, 2026 | Price Decreased |
$2,650,000
↓ $50K
(1.9%) | |
| Price Decreased | |||
| Jun 20, 2026 | Price Increased |
$2,700,000
↑ $200K
(8%) | |
| Price Increased | |||
| Jun 1, 2026 | Listed by Premiere Plus Realty Company | $2,500,000 | |
| Listed by Premiere Plus Realty Company | |||
| Nov 8, 2022 | Sold | ||
| Sold | |||
| Sep 18, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Marco Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017