720 Maritime Way
About This Property
Home has Private Dock 50AMP & 30AMP Hook up with 16,000 LB lift. Outside entertaining at its Finest with Fabulous Water Views of Intracoastal. Heated pool & Jacuzzi, Travertine patio w/Pergola. Beautiful outside lighting & Lush Landscaping, Surround Sound, Chefs Kitchen w/Island, Natural Gas Thermador Range, Stainless Steel appliances, Birch Wood Custom Cabinets, Granite Counter Tops & Backsplash, Double Pantry. An Abundance of Storage Throughout Home. Formal Dining & Living Room, Large Family Room. Office/Den w/Gas Fireplace. Spacious Master Suite w/Stunning Water Views. Wood floors on 2nd Floor & Stairs. Plantation Shutters & Crown molding throughout
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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 |
|---|---|---|---|
| May 1, 2023 | Sold | ||
| Sold | |||
| Feb 9, 2023 | Listed by Illustrated Properties LLC (Co | $4,750,000 | |
| Listed by Illustrated Properties LLC (Co | |||
| Jul 16, 2021 | Sold | ||
| Sold | |||
| Mar 20, 2021 | Listed by Illustrated Properties LLC (Co | $3,175,000 | |
| Listed by Illustrated Properties LLC (Co | |||
| Apr 12, 2001 | Sold | ||
| Sold | |||
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About Prosperity Harbor North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017