7 Scrub Oak Dr
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 |
|---|---|---|---|
| Jun 2, 2020 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by Keller Williams Realty | $4,990,000 | |
| Listed by Keller Williams Realty | |||
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Welcome to Scrub Oak: a stunning water view compound in Katama with a luxurious pool and hot-tub. The home sits less than 1,500 feet away from South Beach. Completely renovated and expanded by a top designer, the home comfortably sleeps 16 individuals. Large wraparound mahogany decks bring the indoors out, and allows one to appreciate the incredible views. Highlights include 3 master suites, a wine cellar room, a volley ball court, rolling lawns, two outdoor showers, an exterior stone fireplace, custom masonry, and a 1,040 square foot pool. A large detached garage and guesthouse allows friends, family, and renters to enjoy a relaxed vacation with utter privacy. Enjoy the home or take advantage of the amazing rental history. Rental history on request. Capable of $275k+ for the 2020 season. Furnishings are negotiable. Come enjoy this resort like compound.
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| Apr 6, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017