28
Map
743 Biscayne Drive
About This Property
1870 square foot main house, 2 bed 2 bath. 540 square foot cottage, 1 bed 1 bath. Hollow tile construction home renovated to perfection by local architect. (2008 Historic Preservation Award Recipient for rehabilitation of this home.) Beautiful Chicago Brick driveway and patio in front. Pecky Cypress Ceilings in main home foyer along with wood and Mexican tile floors throughout. Coffered 9 ft ceilings with recessed lighting. Wood burning fireplace. Eat in Kitchen with stainless steel appliances, gas stove, granite counter tops and backsplash. Speakers in ceiling of family room enabling true surround sound. Hurricane proof windows and Spanish style door. Alarm system and electronic gates for privacy. Cottage has full bathroom and open space with built-ins. Recently used as an office and guest room. Cottage can be long term or Airbnb rental. Pool is approx. 12 x 14. Covered patio off the great room and master bedroom. Renovated to keep original style and features with all the modern conveniences. Exquisite fit, finish, and detail. Beautifully landscaped with sprinkler system. Landscape lighting both front and back. Separate AC and tankless water heaters for each structure, Copper rain gutters and down spouts.
WWW.743BISCAYNEDR.COM
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 6, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by NextHome Real Estate Executives | $1,900,000 | |
| Listed by NextHome Real Estate Executives | |||
| Feb 19, 2020 | Sold | ||
| Sold | |||
| Oct 11, 2019 | Listed by NextHome Real Estate Executives | $725,000 | |
| Listed by NextHome Real Estate Executives | |||
| Jan 7, 2019 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Flamingo Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,700 /mo
- 1 Bed
- 1 Bath
- 650 ft²
$2,600 /mo
- 3 Beds
- 2 Baths
- 1,464 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017