716 PROMENADE POINTE Drive
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 |
|---|---|---|---|
| Jul 31, 2014 | Sold | ||
| Sold | |||
| Jun 24, 2014 | Listed by FPM PROPERTIES | $1,300,000 | |
| Listed by FPM PROPERTIES | |||
| Feb 26, 2008 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $3,250,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Over 6,000 SF of elegant Mediterranean design, spectacular view of water, golf course & club house. This extraordinary home has private stairway to Promenade & is within walking distance to the club. Being sold partially furnished. List of furnishings available upon request.
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| Mar 28, 2007 | Sold | ||
| Sold | |||
| Apr 11, 2005 | Listed by PALENCIA REALTY, LLC | $3,249,000 | |
| Listed by PALENCIA REALTY, LLC | |||
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Over 6,000 sq. ft. of elegant Mediterranean design, spectacular view of the golf course and the clubhouse. This beautiful home has a private stairway to Promenade and is within walking distance to all club facilities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017