8780 COCO BAY 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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | Price Decreased |
$419,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jan 3, 2025 | Listed by EXP REALTY LLC | $424,900 | |
| Listed by EXP REALTY LLC | |||
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Welcome to 8780 Coco Bay Boulevard! There are not many locations where a property is within one mile of the Gulf of Mexico yet in an X Flood Zone, but this is one! The gated community of Island Lakes at Coco Bay is bursting with growth and boasts a warm, welcoming atmosphere. This recently built home is located within short walking distance of the amenity center (under construction). The amenity center in Island Lakes will boast FOUR pickleball courts, a pool, pavilion, 24/7 fitness center and even a playground! In the back of the home are wonderful westerly views showcasing Southwest Florida's beautiful coastal sunsets. This property is less than 5 minutes from Publix, 10 minutes from Manasota Key, and roughly 10 minutes from Boca Grande. Opportunities to own properties like this don't happen often, so don't wait to call!
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| Mar 20, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017