50
Map
538 Sunset Circle
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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.
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 21, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Berkshire Hathaway Home Services | $550,000 | |
| Listed by Berkshire Hathaway Home Services | |||
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LISTED BELOW APPRAISED VALUE. Pie shaped lot on deep, wide canal. Open concept home has 3 bedrooms & 2 full baths. There is an unfinished room on the 2nd floor that has lots of possibilities, 2nd primary bedroom, game room, extra living area. Spacious bedrooms & double sinks in both bathrooms. Composite decking make a great place for entertaining. Easy access to the bay. Comes furnished with a few exclusions. Being sold AS-IS. A great investment!!
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About Tiki Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017