661 Amber Drive
About This Property
Upstairs, a second living area offers a couch, television, kitchenette, and access to a front balcony with island views. The fourth bedroom features two queen-over-queen bunk beds and access to the rear balcony, while the fifth bedroom offers two full beds and its own balcony access. An additional full bathroom completes this level, providing comfort and privacy for guests throughout this exceptional island retreat.
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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 |
|---|---|---|---|
| May 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 22, 2026 | Price Decreased |
$5,699,999
↓ $300K
(5%) | |
| Price Decreased | |||
| Apr 8, 2026 | Price Decreased |
$5,999,999
↓ $300K
(4.8%) | |
| Price Decreased | |||
| Apr 1, 2026 | Price Decreased |
$6,299,999
↓ $199K
(3.1%) | |
| Price Decreased | |||
| Mar 7, 2026 | Price Decreased |
$6,499,000
↓ $500K
(7.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Marco Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017