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5515 DENMARK 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 |
|---|---|---|---|
| Jun 3, 2026 | Listed by EXP REALTY LLC | $60,000 | |
| Listed by EXP REALTY LLC | |||
| May 6, 2026 | Price Decreased |
$60,000
↓ $40K
(40%) | |
| Price Decreased | |||
| Nov 4, 2025 | Listed by HUNTRESS REAL ESTATE | $100,000 | |
| Listed by HUNTRESS REAL ESTATE | |||
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Welcome to Château Village — where comfort, community, and coastal living meet.
Discover the charm of this friendly 55+ community, perfectly designed for relaxed Florida living. This is the ideal setting for your new manufactured home, with simple HOA guidelines requiring a carport and a shed — keeping the neighborhood neat and inviting.
Enjoy NO lot rent and a low co-op monthly fee of $250, which includes water, sewer, trash, cable, internet, and access to a sparkling community pool, shuffleboard courts, and on-site management. There’s even a convenient back gate for easy access.
Château Village is beautifully maintained, active, and welcoming — a place where neighbors quickly become friends. Centrally located near shopping, dining, the airport, and the Gulf Coast beaches, this community combines everyday convenience with the beauty of the Florida lifestyle.
Bring your vision and start building your dream home in Château Village today!
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| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 24, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017