8429 SE Island Way
About This Property
Architectural Style Awaits w Volume 12' Ceilings. Hardwood Floors. Fanned Steps Invite you to the Living Room w Fireplace. French Doors lead to Screened Pool Area. Dramatic Entrance into Master Suite w Wood Tread Steps. French Doors Open to the Pool Area. Marble Walk In Shower with 8 sets of jets; Double Vanity w Quartz Top; Lots of Natural Light; Walk In Closet; Pool Access from Master Bath. Impress w Study off Entry. Everyone Loves a HUGE Walk In Pantry n Large Laundry Room! Bright and Light Kitchen w Granite Tops. Formal Dining Room w/Box Beam Ceiling. Garage Boasts additional 11 x 7 area for workshop or... Private Fenced Yard. Pool Recently Resurfaced. READY for You and Yours to ENJOY!
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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 |
|---|---|---|---|
| Mar 31, 2020 | Sold | ||
| Sold | |||
| Oct 7, 2019 | Listed by All Water Realty LLC | $629,000 | |
| Listed by All Water Realty LLC | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed | $500,000 | |
| Listed | |||
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Gorgeous pool home 3/2/2 with a Den that can be a 4th bedroom with step down great room and master bedroom, beautiful kitchen with granite counter and maple cabinets. Huge pantry & Utility room. Soaring 12 ft ceilings and Italian tile throughout. Gas fireplace, french doors to large yard with screened pool/patio with waterfall. EASY TO SHOW IN GREAT NEIGHBORHOOD. Martin county taxes. Ready to move in.... The manager has listed the unit size as 2582 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017