563 COCONUT AVENUE
About This Property
This is a great location with wonderful potential! Main home upstairs features 2 bedrooms and 1 bathroom, front porch in the entry way and a back deck off the kitchen with an amazing view of the quiet small bay/canal which leads out to Blue Hill Bay and Coon Key Pass... less than 10 minutes and you're at Calusa Island Marina There is a one car garage and plenty of open parking! This property needs TLC. Property being sold as is for the convenience of the seller.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 2, 2026 | Price Decreased |
$350,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Jun 28, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Price Decreased |
$100,000
↓ $405K
(80.2%) | |
| Price Decreased | |||
| Apr 23, 2026 | Price Decreased |
$505,000
↓ $20K
(3.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017