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51 Aqua Ra 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 |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by EXP Realty LLC | $575,000 | |
| Listed by EXP Realty LLC | |||
| | |||
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Enjoy your own private oasis nestled at the end of a tranquil cul-de-sac, offering unparalleled privacy and exclusive ocean access via a picturesque lagoon. Extraordinary opportunity to indulge in a serene waterfront lifestyle with private community beach access with paved parking just around the corner. This home has a great layout with natural light throughout great use of space. Vaulted ceilings and open living areas are inviting to take in the calming views of the lagoon through expansive glass doors and huge screened in patio. Enjoy a leisurely A1/4 mile stroll from your front door down a dedicated beach path to the sparkling waters of the Atlantic Ocean Beautiful Jensen Beach and Charming Stuart are at your fingertips with endless dining and shopping.
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| Apr 1, 2016 | Sold | ||
| Sold | |||
| Mar 1, 2016 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017