40
Map
616 Tortoise Way
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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 |
|---|---|---|---|
| Feb 19, 2019 | Sold | ||
| Sold | |||
| Sep 13, 2018 | Listed by Atlantis Real Estate of Brev. | $785,000 | |
| Listed by Atlantis Real Estate of Brev. | |||
| Jan 23, 2015 | Sold | ||
| Sold | |||
| Feb 10, 2014 | Listed by Atlantis Real Estate of Brev. | $479,900 | |
| Listed by Atlantis Real Estate of Brev. | |||
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Awesome Reduction!! Exclusive Tortoise Island GRAND CANAL home with tropical landscaping, ideally located on a quiet cul de sac, close to entrance & club house! Coquina rock bank treatment & dock on wide, deep GRAND CANAL! (Dock is perfect for watching sunsets, Dolphins, Manatees, Pelicans & etc.) Soaring ceilings, bamboo flooring & beautiful rock fireplace greet you! Serene water views from almost everywhere! Eat in center island kitchen with Corian counters & solid wood cabinets has brand new oven! Master Suite has a second, romantic fireplace, sliding glass doors opening onto balcony, & a super bath with jetted tub + shower, bidet, and his & her walk-in closets! Screened Florida Room is carpeted & under A/C. There's also a wet bar & vac system! Plenty of room for pool!
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About Tortiose Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017