806 Argonaut Island
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 10, 2025 | Listed | $919,000 | |
| Listed | |||
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PRICED TO SELL! MOTIVATED SELLER BRING YOUR OFFERS. South Florida living at its finest in this beautifully renovated and fully furnished 2-bedroom, 2-bathroom waterfront home with a dedicated office space, perfect for working from home. Featuring an open-concept kitchen with modern finishes, this home is designed for comfort, style, and seamless indoor-outdoor flow. Waterfront house with direct ocean access. With a 82 ft dock perfect for fishing enthusiasts with possibility to build a lift. Dock fits up to 60ft Boat. Garage has been converted into an additional den/room. Perfect residential property. AIRBNB investors dream. Enjoy South Florida indoor & outdoor living surrounded by water. Multiple recreational areas allow privacy and entertainment at the same time. Easy to show. Sold AS-IS
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| Apr 25, 2025 | Price Decreased |
$959,000
↓ $40K
(4%) | |
| Price Decreased | |||
| Mar 25, 2025 | Price Decreased |
$999,000
↓ $50K
(4.8%) | |
| Price Decreased | |||
| Mar 8, 2025 | Price Decreased |
$1,049,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Jan 23, 2025 | Listed | $1,099,000 | |
| Listed | |||
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|
Waterfront house with direct ocean access. With a 82 ft dock perfect for fishing enthusiasts with possibility to build a lift. Comfortable living in a hidden gem of boaters paradise. Perfect residential property. AIRBNB investors dream. Enjoy South Florida indoor & outdoor living surrounded by water. Multiple recreational areas allow privacy and entertainment at the same time. Easy to show. Sold AS-IS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017