89 LATROBE Avenue
About This Property
Markland is just minutes from top-rated schools, shopping, dining, and entertainment. You'll love the convenience of being a short drive to Costco, Buc-ees (a Florida must-see!), the World Golf Village. The resort-style amenities are a real show-stopper in Markland, including a cabanas, fitness center, tennis/pickleball courts, playground, and even lap lanes! The neighborhood itself is beautiful with scattered lakes, walking bridges, a pier, and fire pits for residents to get together during one of Marklands many community-wide events. Venture out to St. Augustine, just a 15-minute drive, to enjoy a taste of Florida history and state parks and beaches.
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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 28, 2023 | Sold | ||
| Sold | |||
| Feb 23, 2023 | Listed by ROUND TABLE REALTY | $685,000 | |
| Listed by ROUND TABLE REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017