724 SE 17th Terrace
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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.
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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 30, 2024 | Sold | ||
| Sold | |||
| Aug 22, 2024 | In contract | - | |
| In contract | |||
| May 25, 2024 | Price Decreased |
$4,495,000
↓ $300K
(6.3%) | |
| Price Decreased | |||
| May 5, 2024 | Price Decreased |
$4,795,000
↓ $100K
(2%) | |
| Price Decreased | |||
| Jan 2, 2024 | Listed by Premier Estate Properties Inc. | $4,895,000 | |
| Listed by Premier Estate Properties Inc. | |||
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This airy split-plan lifestyle residence offers the utmost in personal privacy, luxury and serenity. Thematically designed to transport you, it provides exceptional waterway views, a two-story entry foyer with sweeping wood staircase, an inspired coquina living room fireplace, rich hardwood bedroom floors, weathered wood-look custom cabinetry, a covered lanai by a waterside pool with spillover spa, all defined by travertine pavers, Bahamian shutters, and its very own Tiki hut. The avid boater will enjoy a full-service private dock with 10,000± pound boatlift and easy ocean access through the Boca Raton and Hillsboro Inlets. The newly refinished resort-style pool/spa, and covered lanai with full summer kitchen ensure waterfront alfresco dining and easy entertaining.
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About The Cove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 2 Beds
- 2 Baths
- 1,050 ft²
$9,995 /mo
- 1 Bed
- 1 Bath
- 1,171 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017