46
Map
5224 Tower 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 |
|---|---|---|---|
| Aug 11, 2026 | Listed by Hovland Realty, LLC | $520,000 | |
| Listed by Hovland Realty, LLC | |||
| Oct 4, 2024 | No longer available | - | |
| No longer available | |||
| Oct 10, 2023 | Listed by MVP Realty Associates LLC | $575,000 | |
| Listed by MVP Realty Associates LLC | |||
| | |||
|
HUGE PRICE ADJUSTMENT! Boaters DREAM... Quick, DIRECT gulf access home. No remodel or rehab needed. New Roof, Pool heater, 10K boat lift, and more. Turnkey furnished and active, profitable seasonal and off season rental. Tastefully decorated 2 bedroom, 2 bath pool home. Less than 5 minutes from open water. Home has been updated, all tile floors, large Florida room with beautiful views of the canal. Watch the sunset from the deck of the sparkling blue pool! Call today to arrange a showing or to inquire about income potential! Agents please read confidential remarks and do not bother vacationing tenants.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 18, 2021 | Sold | ||
| Sold | |||
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About Caloosahatchee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017