53
Map
8299 Marsala Way
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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 |
|---|---|---|---|
| May 11, 2025 | Sold | ||
| Sold | |||
| Mar 22, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed by The Keyes Company | $599,000 | |
| Listed by The Keyes Company | |||
| | |||
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AMAZING RENOVATED JEWEL WITH NEW METAL ROOF AND WHOLE HOUSE GENERATOR AND BREATHTAKING WIDE LAKE VIEWS! THE STUNNING NEW KITCHEN LACKS FOR NOTHING. THE EXQUISITE NEW PRIMARY BATH IS RIGHT OUT OF A MAGAZINE WITH EVERY COMFORT YOU COULD NEED. BOTH A/C AND HWH HAVE RECENTLY BEEN REPLACED. THE TANKLESS CONTINUOUS HOT WATER HEATER IS 2 YEARS OLD AND THE A/C WAS REPLACED IN 2022. THE GENERATOR WAS INSTALLED IN 2020. COMPLETE WITH ACCORDION SHUTTERS AND AN ENORMOUS EXTENDED SCREENED PATIO, YOU LACK FOR NOTHING. ALL THIS IN THE AMAZING ACTIVE CLUBHOUSE COMMUNITY OF VENETIAN ISLES. THE CLUBHOUSE HAS BEEN TOTALLY RENOVATED AND IS MAGNIFICENT.
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| Apr 28, 2010 | Sold | ||
| Sold | |||
| Sep 24, 2002 | Sold | ||
| Sold | |||
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About Melrose
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017