7234 Bounty DRIVE
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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 |
|---|---|---|---|
| Dec 8, 2022 | Sold | ||
| Sold | |||
| Nov 6, 2022 | Listed by KELLER WILLIAMS ON THE WATER | $625,000 | |
| Listed by KELLER WILLIAMS ON THE WATER | |||
| | |||
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Turnkey Furnished Gulf Gate Beauty! Fresh Paint, New lighting, Completely new Kitchen Cabinets, New Hardware, New Appliances, Hurricane windows and doors, Newer Garage Doors, New Floors, New tile in bathrooms, New Granite in Kitchen, New Doorknobs, Completely re-landscaped, New Electrical panel, New Fencing, New hot and cold water lines, Newer HVAC! And it comes with everything you see! No need to buy towels, bedding, TVs, Furnishings. Bring your toothbrush to this EXTREMELY popular neighborhood and move right in! The addition off the garage is perfect for many things, including a workshop! This seller's renovations are wildly popular. Be the lucky winner of this one! Please note the easy bike ride to Siesta, or the Gulf Gate shopping and dining district! If you don't know why this neighborhood is so insanely popular, take a ride to the end of Gulf Gate - take your appetite and your shopping bag!
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| Sep 15, 2022 | No longer available | - | |
| No longer available | |||
| Sep 6, 2022 | Price Decreased |
$599,000
↓ $51K
(7.9%) | |
| Price Decreased | |||
| Aug 31, 2022 | Listed by CHARLES RUTENBERG REALTY INC | $650,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
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About Gulf Gate Woods
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$2,500 /mo
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$2,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017