22
Map
507 Bahama Drive
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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.
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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 |
|---|---|---|---|
| Dec 2, 2020 | Sold | ||
| Sold | |||
| Jun 16, 2017 | Sold | ||
| Sold | |||
| Jun 6, 2017 | Listed by One Sotheby's International | $589,000 | |
| Listed by One Sotheby's International | |||
| Feb 26, 2016 | Sold | ||
| Sold | |||
| Dec 18, 2015 | Listed by RE/MAX Olympic Realty | $529,000 | |
| Listed by RE/MAX Olympic Realty | |||
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Deep, Wide Canal accommodates large boat and goes directly into Banana River, Indian River and Intracoastal Waterway. Canalfront with dock and screened pool. COMPLETELY UPDATED AND RENOVATED! New island kitchen with granite & new stainless steel appliances. New A/C, floors, updated baths and hurricane windows. Great room concept. Possible 4th bedroom. *Owner is a licensed real estate agent*
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About Harbour Isles
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$2,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017