55 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 |
|---|---|---|---|
| Nov 29, 2024 | No longer available | - | |
| No longer available | |||
| Sep 11, 2024 | Listed | $700,000 | |
| Listed | |||
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This charming 2 bedroom, 2 bath home with ocean access offers the ultimate coastal lifestyle, situated just minutes from the beach. The property features a private dock perfect for boating and relaxing. Spacious outdoor living areas blend seamlessly with the interior, creating a tranquil retreat ideal for entertaining or enjoying serene moments. The proximity to the beach, combined with the privacy of your own dock, makes this the perfect escape for water lovers. **MORE PHOTOS COMING SOON**
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| Oct 28, 2023 | No longer available | - | |
| No longer available | |||
| Nov 4, 2022 | Listed by Oceans Luxury Realty Full Service LLC | $700,000 | |
| Listed by Oceans Luxury Realty Full Service LLC | |||
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An elegant riverfront lifestyle. Located directly alongside the intercoastal Indian River with a private dock, this spacious two-bedroom, two-bath home offers residents a livable single-level floor plan ideal for everyday life, special occasions, and all the small moments in between. Prepare meals in the well-appointed kitchen with tons of cabinetry for gadgets, spacious counters, and stainless appliances, then cozy up in the large living room as you share stories, laughter, and create memories to last a lifetime. Wander through the oversized yard down to the river as you make your way to the private dock to catch a sunset, listen to the local wildlife, or hop in your boat for entertainment, fishing, or a casual ride upstream. The manager has listed the unit size as 1444 square feet.
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| Dec 7, 2017 | Sold | ||
| Sold | |||
Property Highlights
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About South Hutchinson Island
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$9,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017