8 Islamorada
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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by Martha Turner Sotheby's International Realty - Bay | $1,100,000 | |
| Listed by Martha Turner Sotheby's International Realty - Bay | |||
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Begin a legacy of family Get-A-Ways. Along a wide cove on Galveston Bay, behind 24-hour manned gates, sits oceanfront architect David Mullican's vision, achieved by Sims Luxury Builders. Historic coastal feel trimmed in gingerbread & wrapped with grand porches to soak in the views. Appeal of the islands with exotic beam & wood ceilings. Open Concept living. ELEVATOR to all floors. 4 en suite Bedrooms to allow privacy amidst entertaining. Classic selections of wood floors & marble counters. Primary with 2 Closets +custom Armoire. Upgrades: raised & extended Boathouse to 30 Ft, added 10,000 lb lift, Trex Decking, Fence, Gate at 2nd floor deck, Primary Armoire, Marantz audio media w/65" Sony HD TV. Smart thermostat/lights/garage doors, tankless water heater, large stainless kitchen sink, mosquito misting system, all LED light fixtures inside/out (2023 dishwasher/fridge/washer & dryer) 3 pools/poolside/bar-grill/miniature golf. Escape to the tranquility of the water.
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| Aug 31, 2020 | Sold | ||
| Sold | |||
| Oct 2, 2019 | Listed by XL Legacy International | $649,000 | |
| Listed by XL Legacy International | |||
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GO COASTAL with this BAYSIDE BEAUTY built by Sims Luxury Builders! EXCELLENT WATERFRONT & VIEW LOCATION! Located on Harborwalk Cove, a large open canal with incredible views of the ICW, West Bay, The Wetlands & Harborwalk's South Channel! Tons of features including unique custom wood craft throughout, beautiful beach beamed vaulted ceilings in the great room and master, gourmet kitchen built for entertaining, gorgeous granite counters, custom cabinetry, butlers station, upscale appliances. Stone, tile & wood flooring, vibrant iconic coastal feel in every room with inspirational water views at every window. Boathouse with lift, fish dock & sun lounge, wrap terraces on 2nd & 3rd floors that capture the most amazing sunrises & sunsets and begs for seaside siestas, elevator, aluminum roof, large outdoor living areas. This home is truly a treat to visit, every day is a beach day! Furniture package is available, Please contact Carrie for details on this home & the Harborwalk Community
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017