69
Map
866 Loggerhead Island 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%.
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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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Price Decreased |
$1,695,000
↓ $45K
(2.6%) | |
| Price Decreased | |||
| Jul 2, 2024 | Price Decreased |
$1,740,000
↓ $60K
(3.3%) | |
| Price Decreased | |||
| May 28, 2024 | Listed by Prominent Properties of FL,LLC | $1,800,000 | |
| Listed by Prominent Properties of FL,LLC | |||
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Absolutely Stunning Views of The Banana River From This Tortoise Island Pool Home! Superior CONCRETE BLOCK first floor Construction. Immaculate 4 bed 3 bath riverfront home! Enjoy sunsets out by the pool and huge covered porch, or go up to the 2nd level deck for completely unobstructed river views and the most gorgeous sunsets in Florida.
Heated pool, chef's kitchen, great room with fireplace and 2nd living area as well as large office/bedroom on the first floor. Master has beautiful water views and private outdoor patio. Tortoise Island New A/C system. New meter main installed, New exterior paint, Impact shutters and heated pool. Tortoise Island Amenities include tennis courts, full gym, a large lane pool, and a grand ballroom at the clubhouse to make all your entertainment dreams reality. Find comfort in the 24 hour gated community.
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About Tortiose Island
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017