650 Ocean Dr #9D
About This Property
The manager has listed the unit size as 1847 square feet.
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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 |
|---|---|---|---|
| Jan 22, 2023 | No longer available | - | |
| No longer available | |||
| Dec 30, 2022 | Price Decreased |
$1,295,000
↓ $100K
(7.2%) | |
| Price Decreased | |||
| Oct 4, 2022 | Listed | $1,395,000 | |
| Listed | |||
| | |||
|
Enjoy Key Biscayne Island living. This fully remodeled three-bedroom apartment is located in Bahia Mar, a boutique type building, across from the Key Biscayne Beach Club and within walking distance to shopping centers, village green, etc. Excellent public schools. The manager has listed the unit size as 1847 square feet.
| |||
| Mar 8, 2019 | No longer available | - | |
| No longer available | |||
| Dec 6, 2018 | Price Decreased |
$999,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/04/2022
|
3 Bed
|
2 Bath
|
1847 ft²
|
$1,395,000
3 Bed
2 Bath
1847 ft²
|
-
-
|
Carlos Coto
One Sotheby's International Realty
| |
|
07/27/2022
|
2 Bed
|
2 Bath
|
1562 ft²
|
$1,350,000
2 Bed
2 Bath
1562 ft²
|
-
-
|
Ana Cuan
BHHS EWM Realty
| |
|
05/23/2022
|
3 Bed
|
3 Bath
|
1935 ft²
|
$1,849,900
3 Bed
3 Bath
1935 ft²
|
-
-
|
Kid Leitao
Global Luxury Realty LLC
| |
|
07/19/2021
|
4 Bed
|
4 Bath
|
3365 ft²
|
$1,890,000
4 Bed
4 Bath
3365 ft²
|
-
-
|
Riley Smith
BHHS EWM Realty
| |
|
01/05/2021
|
2 Bed
|
2 Bath
|
1562 ft²
|
$749,995
2 Bed
2 Bath
1562 ft²
|
-
-
|
Jonathan Coto
Smart Choice Realty & Financial Services Inc
| |
|
11/16/2020
|
3 Bed
|
3 Bath
|
1935 ft²
|
$890,000
3 Bed
3 Bath
1935 ft²
|
-
-
|
Sylvia Iriondo
BHHS EWM Realty
| |
|
11/08/2020
|
3 Bed
|
3 Bath
|
2162 ft²
|
$874,900
3 Bed
3 Bath
2162 ft²
|
$862,500
-1.42%
04/20/2021
|
Richard Leiva
Bayview International Realty
| |
|
10/30/2019
|
3 Bed
|
2 Bath
|
1518 ft²
|
$815,000
3 Bed
2 Bath
1518 ft²
|
-
-
|
Dolores Urdapilleta
Urdapilleta Real Estate, LLC
| |
|
01/31/2019
|
3 Bed
|
3 Bath
|
1935 ft²
|
$795,000
3 Bed
3 Bath
1935 ft²
|
-
-
|
Karen Holmquist
Compass Florida LLC
| |
|
09/19/2018
|
3 Bed
|
3 Bath
|
2162 ft²
|
-
3 Bed
3 Bath
2162 ft²
|
-
-
|
Marta Amador
Shelton and Stewart REALTORS
| |
|
06/19/2018
|
2 Bed
|
2 Bath
|
1562 ft²
|
-
2 Bed
2 Bath
1562 ft²
|
-
-
|
-
| |
|
06/14/2018
|
3 Bed
|
3 Bath
|
1935 ft²
|
$1,249,000
3 Bed
3 Bath
1935 ft²
|
-
-
|
Kid Leitao
Global Luxury Realty LLC
| |
|
04/16/2018
|
3 Bed
|
2 Bath
|
1847 ft²
|
$1,099,000
3 Bed
2 Bath
1847 ft²
|
-
-
|
Douglas Kinsley
Fortune International Realty Key Biscayne Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017