5611 MADRIGAL WAY
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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Jan 13, 2026 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Listed by RE/MAX BAYSIDE REALTY LLC | $690,000 | |
| Listed by RE/MAX BAYSIDE REALTY LLC | |||
| Jul 21, 2021 | Sold | ||
| Sold | |||
| Jun 14, 2021 | Listed by HOMES BY WEST BAY REALTY | $481,556 | |
| Listed by HOMES BY WEST BAY REALTY | |||
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Contract date: 9/21/2020
Listing Price amount for this Pending Sale includes Design and Structural Options.
The Bayshore offers easy living with an open floorplan, while still offering privacy for the owner's retreat and secondary bedrooms. Follow the wide foyer to the heart of the home—a combined grand room, deluxe kitchen and casual dining. This main living area blends seamlessly to outdoor living, with access to the large covered lanai. From the grand room, enter the owner’s retreat complete with dual walk-in closets and well-appointed master bath.
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About Apollo Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,450 /mo
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017