44
Map
87 COBALT Lane
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 11, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Price Decreased |
$769,000
↓ $86K
(10.1%) | |
| Price Decreased | |||
| Nov 24, 2024 | Price Decreased |
$855,000
↓ $69K
(7.5%) | |
| Price Decreased | |||
| Oct 24, 2024 | Listed by Keller Williams Realty Destin | $924,000 | |
| Listed by Keller Williams Realty Destin | |||
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A Fabulous Entertaining Home with a Fabulous View!! Located on a lake at the end of the 10th hole in the highly sought after Gated Golf Course Community of Emerald Bay. Click on the Photos and Video Tour to discover the stunning Oversized Kitchen, the Beautiful first floor Primary En Suite, and the Expansive 'Open Concept' Living/Kitchen/Entertainment area. Outstanding views await you including incredible 'Sunsets'. The additional bedrooms upstairs are very nicely appointed, and a 'Gathering/Entertainment Loft' affords great views of the 10th hole as well. Emerald Bay's low HOA fees with gated security, Community Pool with Pergolas', Rubico Tennis Courts, Guest House and Beautiful Club House creates a great quality of life...so come see it today, make it yours, and love it forever!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017