7831 Della Bitta LANE
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by RE/MAX GULF COAST LIVING | $574,900 | |
| Listed by RE/MAX GULF COAST LIVING | |||
| Jul 8, 2024 | Listed by RE/MAX Gulf Coast Living | $574,900 | |
| Listed by RE/MAX Gulf Coast Living | |||
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This home epitomizes Florida's island style living! With its large screened-in pool, wrap around porch and community boat ramp, it makes for the perfect oasis for those looking to experience all that Pine Island has to offer. This home offers 3 bedrooms and 2 baths, with a guest quarters on the ground level, and is surrounded by native tropical flora, presenting an unparalleled and authentic island feel whilst maintaining a secluded and private feel. This property also features a number of upgrades, such as the new roof in 2023, a new elevator, newly upgraded flooring on the main level, upgraded kitchen appliances, and new decking. It also presents a large space for parking and/or storage with its tandem 2-car garage and 2 separate carport spaces. While this home provides the tranquility of island living, it also presents unmitigated convenience with boutique shops, Publix and restaurants just a 10 minute drive away! The community is a boaters paradise, with Four Winds Marina and the Lazy Flamingo within walking distance, and a quick boat ride to Boca Grande pass. It also provides peace of mind, as the property incurred NO water damage from Hurricane Ian. Don't miss your chance to own the oasis of your dreams, and your own little slice of paradise! Furnished home less some small pieces and personal items.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017