627 Caribbean 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 |
|---|---|---|---|
| Aug 19, 2014 | Sold | ||
| Sold | |||
| May 6, 2014 | Listed by Destin Real Estate | $229,900 | |
| Listed by Destin Real Estate | |||
| Jul 15, 2013 | Sold | ||
| Sold | |||
| Aug 12, 2011 | Listed by Keller Williams Realty Nville | $168,000 | |
| Listed by Keller Williams Realty Nville | |||
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Short Sale - Bank has necessary paperwork and appraisal has been completed! Located on a quiet tree lined street, this lovely vinyl-sided ranch home is in need of some TLC! The large airy kitchen has a pass through which allows for interaction with family and friends as they gather in the great room. Three bedrooms, with the master being oversized, provide just enough space for a family. Outside, there is a large covered patio, providing ample room for entertaining while you overlook the huge, deep backyard that has enough room for a pool! Not to mention, this home backs to one of the nature walking trails that meanders through Bluewater Bay! And, Bluewater Bay is loaded with additional amenities such as 4 pools (one heated), tennis center, four 9 hole golf courses and additional walking paths (some of these amenities require membership dues). Call for your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017