517 BISCAYNE 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 11, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | Listed by STELLAR NON-MEMBER OFFICE | $299,000 | |
| Listed by STELLAR NON-MEMBER OFFICE | |||
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One or more photo(s) has been virtually staged. Why build when you can move right into this newly completed home! You'll notice the stone detail on the front entrance of the home as you pull up. Once inside, the beautiful tile floor and open concept greets you. The floor tile throughout the entire home adds to the overall flow. Modern Kitchen with Stainless Steel appliances enhance the grey color scheme. Sliders lead out to a back patio where you can enjoy a morning coffee, or evening cocktail soaking up the warmth of Florida. The Inside Laundry Room that leads to the 2 Car Garage also acts as your arrival center. All this for under $300,000. Come see this beauty and realize your SW Florida dream!
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| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed by CENTURY 21 AZTEC & ASSOCIATES | $299,900 | |
| Listed by CENTURY 21 AZTEC & ASSOCIATES | |||
| | |||
|
One or more photo(s) has been virtually staged. Why build when you can move right into this newly completed home! You'll notice the stone detail on the front entrance of the home as you pull up. Once inside, the beautiful tile floor and open concept greets you. The floor tile throughout the entire home adds to the overall flow. Modern Kitchen with Stainless Steel appliances enhance the grey and white color scheme. Sliders lead out to a back patio where you can enjoy a morning coffee, or evening cocktail soaking up the warmth of Florida. The Inside Laundry Room that leads to the 2 Car Garage also acts as your arrival center. All this for under $300,000. Come see this beauty and realize your SW Florida dream!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017