12
Map
602 Tortoise 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 |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Price Decreased |
$960,000
↓ $29K
(2.9%) | |
| Price Decreased | |||
| May 20, 2024 | Listed by Avanti Way Realty LLC | $989,000 | |
| Listed by Avanti Way Realty LLC | |||
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Welcome to your concrete block , single story residence in the exclusive Tortoise Island in a highly desired school A+ district. This 4/3 bath home offers a layout that's both spacious and functional. The primary suite, positioned on one side of the house for maximum privacy, is complete with a large walk-in closet and a recently updated bathroom with a walk in shower. Every bedroom is equipped with a walk-in closet, providing ample storage space and one it's an ensuite ensuring comfort and convenience for guests or family members. The heart of the home is the large kitchen, where a breakfast nook and serving bar beckon for casual meals and impromptu gatherings. With both an electric stovetop & a natural gas stove/oven, along with a large island there is plenty of space for all the family chefs to join in crafting meals. Step outside and discover your own private paradise with a screened-in pool area featuring a sprawling Florida room offering the perfect spot to relax. For added comfort, the pool or spa can be heated by the natural gas pool heater, ensuring year-round enjoyment. And with a natural gas hookup in the backyard, firing up the grill for outdoor dining is a breeze.
The home has hurricane impact sliders, windows and garage door.
Situated on a large pie-shaped lot with extra space in the back and side yard, this home offers unparalleled privacy and tranquility. With no neighbors on one side, you'll enjoy peace and seclusion in this quiet cul-de-sac.
But the perks don't end there. Tortoise Island is a gated community with 24-hour manned security, offering peace of mind and security for you and your loved ones. Enjoy access to a clubhouse, exercise room, tennis/pickleball courts, and a boat launch, all within the community's meticulously maintained common areas.
Located on the Banana River and less than a mile from High Tower Beach on the Atlantic Ocean, Tortoise Island offers the perfect blend of waterfront living and coastal charm. Plus, with Satellite High School and DeLaura Middle School just a bicycle ride away, convenience is always at your fingertips.
Don't miss the opportunity to make this exceptional property your new home. Schedule your showing today and start living the luxurious coastal lifestyle you've always dreamed of. Welcome to Tortoise Island.
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| Sep 5, 2014 | Sold | ||
| Sold | |||
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About Tortiose Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017