875 BOUNDRY BOULEVARD
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 |
|---|---|---|---|
| Apr 9, 2026 | Price Decreased |
$30,000
↓ $10K
(25%) | |
| Price Decreased | |||
| Apr 1, 2026 | Listed by S & B REALTY | $40,000 | |
| Listed by S & B REALTY | |||
| Dec 11, 2025 | Price Decreased |
$40,000
↓ $10K
(20%) | |
| Price Decreased | |||
| Jun 25, 2025 | Listed | $50,000 | |
| Listed | |||
| | |||
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This lot is located in the well-established neighborhood of Long Meadow in Rotonda West. Rotonda West is a deeded restricted community with a low, low annual fee of only $190. The Rotonda West community provides many desirable amenities; golf, tennis, a playground, picnic shelters, barbecue grills, and a multitude of paved trails for walking or biking. If that is not enough to entice you, in additional to all of the activities available within the community, world-class fishing and internationally acclaimed beaches are also nearby. Experience the beauty of Southwest Florida and everything it has to give. Real estate taxes were $1,079.61 in 2013.
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| Jul 16, 1997 | Sold | ||
| Sold | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017