508 ISLAMORADA Drive S
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 |
|---|---|---|---|
| Jan 4, 2022 | Sold | ||
| Sold | |||
| Nov 12, 2021 | Listed by EXIT MAGNOLIA POINT REALTY | $309,000 | |
| Listed by EXIT MAGNOLIA POINT REALTY | |||
| Feb 1, 2019 | Listed by A FRONT PORCH REALTY LLC | $229,000 | |
| Listed by A FRONT PORCH REALTY LLC | |||
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LOOK!! Brand new roof going on!!! Should start within the week!! (And the price is actually decreasing a little!) If you desire ''indoor room to roam'' this ones for you! If you have a large family/families living with you, this could be the home you've been searching for! If you need lots of bedrooms and bathrooms for kids or out of town guests, this is a must see! More than 3100sf of newly renovated space. Where else can you get ALL THIS, for less than $75 per square foot? Home has fresh paint, new flooring downstairs, new carpeting upstairs, granite counters, tons of cabinet space, new stainless appliances, screened patio, and all this just waiting for you to add your home-style touch! The master bedroom/bath suite is massive and offers 3 closets, two of which are walk-ins. 3 additional roomy bedrooms upstairs, as well as a great loft area for a study, a get-away for the kids, or let your own imagination turn this loft area into your dream space. If affordable space is what you need and/or desire, this could be it!
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| Dec 6, 2018 | Listed by FLORIDA HOMES REALTY & MTG LLC | $219,500 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Deal alert! Priced at only $70 sq.ft. and move in ready! If you are looking for space, you've found your home.This home has room for the whole family and your guests. 4 bedrooms plus a bonus room, and 4 bathrooms. Spacious master, with private en-suite bath, separate tub/walk-in shower, 3 closets, 2 walk-in. second bedroom or guest suite has large walk in closet with a private bath, 2 additional bedrooms, bathroom and nice open bonus room. Downstairs boasts open living room, dining room, and powder bath. Kitchen includes granite countertops, stainless steel appliances, with tons of cabinet space, plus a walk-in pantry, island and kitchenette. Off of the kitchen, you have a versatile space for a family room or whatever you want it to be.
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| Aug 3, 2018 | Listed by FLORIDA HOMES REALTY & MTG LLC | $229,500 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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If you are looking for space, you've found your home.This home has room for the whole family and your guests. 4 bedrooms plus a bonus room, and 3 1/2 bathrooms. Spacious master, with private en-suite bath, separate tub/walk-in shower, 3 closets, 2 walk-in. 2nd bedroom or guest suite has large walk in closet with a private bath, 2 additional bedrooms, bathroom and nice open bonus room.
Downstairs boasts open living room, dining room, and powder bath. Kitchen includes granite countertops, new stainless steel appliances, with tons of cabinet space, plus a walk-in pantry, island and kitchenette. Off of the kitchen, you have a versatile space for a family room or whatever you want it to be.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017