686 HERNANDO Drive
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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%.
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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 30, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Listed by Re/Max Alliance Group | $1,775,000 | |
| Listed by Re/Max Alliance Group | |||
| | |||
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SPECTACULAR INLAND HOME CLOSE TO TIGERTAIL BEACH! Shows like model, built in 2016 with over 2700 sq. ft. air conditioned. 4 bedrooms, plus a den, 3 full baths, Beautifully designed open floorplan with gorgeous Crema Marfil marble floors throughout, Gorgeous TajMahal exotic granite and stainless kitchen with breakfast bar, custom cabinetry, and Bosch appliances, Induction cooktop and several pots and pans included. Eat in kitchen plus separate dining room for entertaining. Walk in look up and enjoy the beautifully designed coffered ceilings! 12 ft. ceiling Great Room and 11ft in Master and kitchen. All impact glass, crown moulding throughout! A 14 x 25 heated Salt Water pool plus a Spa, all brick pavers in lanai area by pool, PLUS an outdoor kitchen! This home has been beautifully kept as you will see when you walk in! Don't wait, take a look, Fall in love! and STAY! BTW ENJOY LOOKING AT THE STARS FROM YOUR OUTDOOR PATIO WITH ITS RELAXING FIRE PIT!
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| Jul 15, 2016 | Sold | ||
| Sold | |||
| Aug 7, 2014 | Sold | ||
| Sold | |||
Property Highlights
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About Marco Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017