853 BISCAYNE DRIVE
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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 1, 2026 | Listed by BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE | $17,500 | |
| Listed by BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE | |||
| Jun 22, 2025 | Listed | $20,000 | |
| Listed | |||
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Considering new construction? This is a beautiful lot for you! GREAT PRICE AND GREAT LOCATION! Bring your builder and check out this lot. It's a great opportunity to build exactly what you want and start living the Florida lifestyle you dreamed of! Ideal location to enjoy the convenience of shopping, schools, restaurants, parks and medical facilities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017