36
Map
889 Scott Drive
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
$729,000
↓ $51K
(6.5%) | |
| Price Decreased | |||
| Jan 21, 2026 | Listed by Re/Max Alliance Group | $780,000 | |
| Listed by Re/Max Alliance Group | |||
| Jun 28, 2025 | No longer available | - | |
| No longer available | |||
| Jan 10, 2025 | Listed by Re/Max Alliance Group | $875,000 | |
| Listed by Re/Max Alliance Group | |||
| | |||
|
Nestled in the exclusive Estates area of Marco Island, this extraordinary .57-acre, oversized corner lot offers a rare opportunity to craft your very own paradise. Positioned at the base of Indian Hill, this unique location has the potential for beautiful views that will make your daily sunrise and sunset moments unforgettable. The building envelope is in the X flood zone and slopes upward in elevation towards Indian Hill. Imagine the endless possibilities as you design your custom dream home, with ample space to create a perfect blend of luxury, comfort, and harmony with the surrounding natural beauty. Surrounded by stunning multi-million-dollar homes, this property provides the perfect backdrop for a tranquil and private lifestyle. It’s more than just a homesite—it’s a place where memories are made and cherished for generations to come. For those seeking greater insight into the land, a Boundary Survey, Cultural Resource Assessment (Archaeological Assessment) and a 2020 Gopher Tortoise Survey Report are available, offering valuable details about this remarkable property. Don’t miss out on this incredible opportunity! Discover the beauty of the Estates, uncover the incredible potential of this remarkable lot, and begin bringing your dream home to life today.
| |||
| Jan 16, 2020 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Marco Island
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,000 /mo
- 3 Beds
- 2 Baths
- 1,499 ft²
$8,500 /mo
- 2 Beds
- 2 Baths
- 1,158 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017