837 Sand Dollar Drive
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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Dec 30, 2024 | Listed by Pfeifer Realty Group LLC | $2,995,000 | |
| Listed by Pfeifer Realty Group LLC | |||
| May 8, 2024 | No longer available | - | |
| No longer available | |||
| Jan 19, 2024 | Listed by Pfeifer Realty Group | $3,150,000 | |
| Listed by Pfeifer Realty Group | |||
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Step into coastal luxury with this impeccably remodeled 4-bedroom, 3.5-bath home, boasting a contemporary feel that perfectly complements island living. Just a short stroll from the beach, this elevated residence is a waterfront haven, positioned along a tranquil canal with its own boat dock and lift. No detail has been overlooked in the extensive renovation, resulting in a home where everything is brand new from top to bottom with quality finishes. The interior open-concept design welcomes you with a warm and inviting color palette. The chef's kitchen, with white cabinetry and quartz counters seamlessly flows into the dining and living areas. The first floor has a primary bedroom with ensuite bathroom, a home office/den, and a half bath. The second floor has three bedrooms, two of which are ensuite. Multiple porches provide breathtaking views. There is a spacious caged pool area with stand-alone hot tub. Additional enhancements include a metal roof, impact windows, a large garage with abundant storage space, and an elevator. Nestled in Sanibel's coveted Shell Harbor neighborhood, residents benefit from deeded beach access with parking. The manager has listed the unit size as 3635 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017