627 BINNACLE Drive
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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 |
|---|---|---|---|
| Apr 4, 2018 | Sold | ||
| Sold | |||
| Dec 12, 2014 | Sold | ||
| Sold | |||
| May 9, 2012 | Sold | ||
| Sold | |||
| Apr 14, 2012 | Listed by John R. Wood Properties | $599,999 | |
| Listed by John R. Wood Properties | |||
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L.1354 - .32 acres of cleared land on Binnacle Drive ( the next Riviera). This lot is deep at 150 ft. and can accomodate a very spacious home with one or two stories. Many fine homes on this street are being constructed or have been constructed in the last 10 years. Walk to the Beach. Enjoy all the ambiance of the Moorings and Venetian Village.Moorings has a voluntary HOA and for $50.00 a year you can use their private beach access lot on Gulf Shore Blvd.
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| Feb 11, 2011 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017