8369 SE Island Way
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%.
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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 |
|---|---|---|---|
| Feb 22, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Listed by Paradise Real Estate Intl | $1,599,900 | |
| Listed by Paradise Real Estate Intl | |||
| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
| Oct 3, 2023 | Price Decreased |
$1,774,000
↓ $25K
(1.4%) | |
| Price Decreased | |||
| Jul 13, 2023 | Listed by Compass Florida, LLC | $1,799,000 | |
| Listed by Compass Florida, LLC | |||
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Beautiful, completely renovated, single family home in the quaint little neighborhood called The Moorings. These Arthur Rutenberg built homes are built on a St Augustine floor plan, all on one level. A humongous 1/2 acre lot, one of the largest in the neighborhood, with a large screened in Pool in the back with new pool heater/pump & salt system. There are so many renovations, but to name a few, a complete newly designed kitchen with Bosch and Thermador appliances, new cabinets with quartz countertops. All new flooring, new roof (2023) New A/C (2023), new bathroom cabinets and tile, new impact windows (2023), stampcrete patio and driveway, all new light fixtures, new irrigation system. You have to see to appreciate this quiet little neighborhood with one of the lowest HOA fees around. The manager has listed the unit size as 3360 square feet.
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About Martin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,000 /mo
- 4 Beds
- 2 Baths
- 2,829 ft²
$10,000 /mo
- 3 Beds
- 2 Baths
- 2,100 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017