809 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 |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Soleado Real Estate Group Inc | $919,000 | |
| Listed by Soleado Real Estate Group Inc | |||
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Welcome Home to the very sought after community of Melaleuca Gardens. Your new 3 bedroom, 3 bathroom home is one of the largest in this area with Ocean Access via the Dania Cutoff Canal. After a long day, take a dip in the lovely pool or journey out on a short boat ride to the intercoastal and ocean with only 1 fixed bridge (US 1) down the Dania Cutoff Canal! The floor plan allows amble space for entertaining and the central location is in close proximity to FLL Airport, I-95, Dania Pointe and the Beach! Snag this amazing deal before the area's new construction drives values up even more! Come via Boat or Car to see this rare-find home! You'll fall in love with your new home and your new neighbors!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017