8 Weldon WAY
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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 |
|---|---|---|---|
| Aug 23, 2023 | Sold | ||
| Sold | |||
| Apr 22, 2023 | Listed by TRADEMARK REALTY GROUP LLC | $1,499,900 | |
| Listed by TRADEMARK REALTY GROUP LLC | |||
| Nov 22, 2018 | No longer available | - | |
| No longer available | |||
| Jun 12, 2018 | Relisted | $899,000 | |
| Relisted | |||
| Jul 29, 2017 | Listed | $899,000 | |
| Listed | |||
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Stunning waterfront home with private boat dock direct on the Intracoastal Waterway. This 3 story home has been completely remodeled - top to bottom. The top floor and large deck is grandfathered in as the highest peak in the area. Open and airy floorplan with amazing views of the ICW from every floor. The first floor is open great room and kitchen with stainless appliances and beautiful granite countertops . Great for entertaining family and friends with nearly 4000 square feet of living space and over 3000 square feet of wrap account deck space. The second floor has 3 bedrooms with water views and outdoor decks, 2 bathrooms, and a separate living area. Even has a huge patio (36x36) on the east side with numerous possibilities of games, sunbathing, parties, etc. The top floor is the master suite with outdoor decks and rooftop deck with 360 degree views! 100 feet directly on the ICW, with a boat dock and a separate boat launch. No HOA fees! Florida living at its best! The manager has listed the unit size as 3988 square feet.
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About Flagler
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017