7880 Casuarina 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 |
|---|---|---|---|
| Jun 5, 2019 | Sold | ||
| Sold | |||
| Nov 1, 2018 | Listed by William Taylor Real Estate,Inc | $365,000 | |
| Listed by William Taylor Real Estate,Inc | |||
| Sep 3, 2015 | Sold | ||
| Sold | |||
| May 18, 2015 | Listed by Keller Williams Realty of PSL | $174,900 | |
| Listed by Keller Williams Realty of PSL | |||
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WHAT A STEAL! PRICED FOR LOT VALUE ONLY. THIS ISLAND PROPERTY HAS FANTASTIC WATER VIEWS AND IS 2 BLOCKS TO THE BEACH. HOUSE NEEDS WORK, OR TEARDOWN AND BUILD YOUR DREAM HOME, EITHER WAY LOWEST PRICED LOT IN THE AREA. HOA ALLOWS USE OF COMMON AREA THEY MAINTAIN BEHIND THE PROPERTY WHICH INCLUDES DOCK AND CANOES ON THE INDIAN RIVER.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017