712 Maldonado Dr
About This Property
The manager has listed the unit size as 3298 square feet.
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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%.
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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 |
|---|---|---|---|
| Aug 12, 2020 | No longer available | - | |
| No longer available | |||
| Jul 27, 2020 | Listed | $1,250,000 | |
| Listed | |||
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Located one block from the white sands of Pensacola Beach, this custom built six-bedroom, 3.5-bathroom house features a high level of sophistication, and luxury. Built in 2013, this home features direct, unobstructed gulf views, two 50ft expansive decks, hardy siding, impact glass windows, metal galvalume roof, spray foam insulation, paver driveway, two HVAC units, an elevator shaft, and pool with travertine deck. This property is offered FULLY furnished! The kitchen boasts a 9’x 5’ kitchen island, custom cabinetry, granite counters, and stainless-steel appliances. Throughout the house, 10ft ceilings, 8in baseboards, wood look tile floors, and custom 8ft solid Craftsman style doors lead you into every bedroom, five of which have direct gulf views and direct balcony access. Downstairs includes a large living and dining room that flows directly from the kitchen, a half bath, and two bedrooms with a Jack and Jill bathroom. Upstairs includes a large private master bedroom with a large master bath including a tiled soaker tub, tiled frameless glass shower, and large walk in closet. The remainder of the upstairs includes three additional bedrooms all with direct access to the 3rd floor deck and walk in closets. Off the bedrooms is a large hall bathroom with another frameless shower, double granite vanity, linen closet, and a private toilet room. Separate wash room with washer/dryer and cabinetry is also located on 3rd floor. The exterior of this house has a fully fenced sodded yard with irrigation, new pool with a heater for the winter months surrounded by a custom travertine deck, and a spacious covered carport for entertaining. This home features access to the beach with private gate at back of the property. This home is currently on a vacation rental program with gross revenues over $133K in 2019 and over $125K in both 2018 and 2017. The manager has listed the unit size as 3298 square feet.
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| May 1, 2017 | Sold | ||
| Sold | |||
| Jun 1, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017