7
Map
7651 Pelican Pointe Drive
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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 |
|---|---|---|---|
| Mar 23, 2020 | Sold | ||
| Sold | |||
| Jan 7, 2020 | Listed by Beach Front Mann Realty | $1,950,000 | |
| Listed by Beach Front Mann Realty | |||
| Mar 3, 2019 | No longer available | - | |
| No longer available | |||
| Feb 11, 2019 | Listed | $1,950,000 | |
| Listed | |||
| | |||
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This beautiful new ready to move in Custom Island home is located in the gated Pelican Pointe community on Hutchinson Island. This new home offers spectacular views of the Intracoastal waterway and ocean from the second, third and roof sundeck levels. This home features a dramatic entry with foyer, 4 bedrooms, 5 full baths and 2 half baths, home theater, office and a custom 4 stop glass elevator to the roof sundeck, custom trim throughout, gourmet kitchen with a stunning center island, quartz countertops and upgraded all custom wood cabinetry. The custom designed pool and spa features a travertine lanai entering to the travertine paver pool deck. This is state of the art new construction on beautiful Hutchinson Island. You have Private Beach Access and Boat Dock. The manager has listed the unit size as 6584 square feet.
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| Nov 30, 2018 | No longer available | - | |
| No longer available | |||
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About South Hutchinson Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017