8233 CHANNEL DRIVE
About This Property
The primary suite offers a private retreat with a stylishly renovated bathroom, and the additional bedrooms are generously sized for family or guests. Outside, enjoy your mornings on the waterfront patio or evenings watching the sunset over the canal. Whether you're into boating, fishing, or just relaxing by the water, this home delivers the Florida lifestyle you've been dreaming of.
With a fully updated interior, low-maintenance design, and a location close to restaurants, shopping, and Gulf beaches, this move-in ready home is the total package.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 9, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Dec 18, 2025 | Price Decreased |
$290,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Nov 19, 2025 | Price Decreased |
$300,000
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Oct 16, 2025 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017