7349 Chesapeake Street
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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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Walker Reid Realty | $729,000 | |
| Listed by Walker Reid Realty | |||
| | |||
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Move-In Ready Pool Home with Stunning Lake View!This gorgeous 5-bedroom, 3-bath home offers everything you need for comfortable, luxurious living. With a Brand-NEW Roof and fresh exterior paint, this home is designed to keep you safe, dry, and stress-free. One of the five bedrooms and a full bath are conveniently located on the ground floor--perfect for guests or as a home office.Located in the highly sought-after Nautica Sound community, you'll enjoy exclusive access to fantastic amenities, including a community pool, clubhouse, pickleball, tennis, basketball, volleyball, and a playground. It's the perfect setting for anyone looking to enjoy Florida living at its best.Situated close to all major roads and just a short drive to the beach for convenience and tranquility.
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| Nov 3, 2017 | Sold | ||
| Sold | |||
| Sep 6, 2017 | Listed by Palm Beach Commercial LLC | $419,000 | |
| Listed by Palm Beach Commercial LLC | |||
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About Nautica Sound
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017