18
Map
8 Island Road
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 18, 2024 | No longer available | - | |
| No longer available | |||
| May 3, 2024 | Listed by ILLUSTRATED PROPERTIES | $4,500,000 | |
| Listed by ILLUSTRATED PROPERTIES | |||
| | |||
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Riverfront home with St. Lucie Inlet views. If you want aqua colored clear river/ocean water behind your home, this is it. Situated in South Sewall’s Point on Island Road. Quiet dead end street of all waterfront homes. New Roof. Newly resurfaced pool. Impact windows & doors throughout. Newly remodeled kitchen, bathrooms & flooring. Newly repainted inside. Garage door is insulated in the event someone wants to air condition the spacious garage area. Dock permit in place. 120 ft. of concrete seawall in place. Concrete block construction. Paver driveway. City water. Sprinkler system. Fireplace. Separate living room & family room. Office could be a bedroom. The manager has listed the unit size as 3112 square feet.
| |||
| Jul 18, 2018 | Sold | ||
| Sold | |||
| Mar 5, 2018 | Sold | ||
| Sold | |||
| Dec 20, 2017 | Listed by Water Pointe Realty Group | $1,475,000 | |
| Listed by Water Pointe Realty Group | |||
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About Sewall's Point
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Currently no similar homes aroundNearby Rentals
$5,500 /mo
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$6,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017