727 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 |
|---|---|---|---|
| Mar 2, 2018 | Sold | ||
| Sold | |||
| Nov 7, 2017 | Listed by WATSON REALTY CORP | $1,245,000 | |
| Listed by WATSON REALTY CORP | |||
| Jan 11, 2017 | Sold | ||
| Sold | |||
| May 5, 2016 | Listed by WATSON REALTY CORP | $1,289,000 | |
| Listed by WATSON REALTY CORP | |||
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Arthur Rutenberg Homes presents the Castellina 1238-perfectly fitted to build on this premium water view lot in exclusive Promenade Pointe of Palencia. This beautiful Mediterranean Style home features decorative ceilings in an open great room, master suite, dining room & club room. 90-degree sliding glass doors in the morning room & great room open to a gorgeous wrap around screened lanai, pool & cabana. Designer kitchen, wet bar, wine room, large pantry, unmatched trim & finishes. Second floor includes a club room with second wet bar. View of lake is centered to enjoy the ''sea-breeze front''! This custom home can be yours or pick a different Arthur Rutenberg plan. Some features subject to estimates or allowances. Pricing & features subject to change without notice. Site costs estimated.
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| Mar 11, 2016 | Listed by WATSON REALTY CORP | $169,900 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017