8233 Marsala Way
About This Property
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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.
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 |
|---|---|---|---|
| Oct 3, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $349,000 | |
| Listed | |||
| | |||
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Beautiful and lovingly maintained 4 bedroom 3 full bath home. This home features neutral tile throughout and hurricane accordion shutters. Enjoy cooking in the spacious gourmet kitchen that features wood cabinets, granite counter tops and a large pantry closet. The 4th bedroom is being used as an office/den. Large screened-in patio is perfect to entertain family, guests and grandchildren! Furniture is negotiable too! HOA inc: cable, lawn care and monthly alarm monitoring. Venetian Isles is a 55 + pet friendly community that boasts a beautiful clubhouse, pools, tennis courts, fitness center, bocce, card rooms, billiards and more! Close to places of worship, restaurants, and turnpike! 50 lb weight restriction for dogs.The manager has listed the unit size as 2312 square feet.
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| Mar 14, 2017 | Listed by Realty Associates Florida Prop | $349,000 | |
| Listed by Realty Associates Florida Prop | |||
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About Melrose
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017