40
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890 Lilac Drive
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%.
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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.
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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 |
|---|---|---|---|
| Jun 4, 2026 | Price Decreased |
$7,995,000
↓ $355K
(4.3%) | |
| Price Decreased | |||
| Feb 28, 2026 | Listed by Compass Florida LLC | $8,350,000 | |
| Listed by Compass Florida LLC | |||
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2022 | Listed by Castles By The Beach, Inc. | $5,995,000 | |
| Listed by Castles By The Beach, Inc. | |||
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Beautiful Custom Built home located on a rare ''Double Waterfront'' gated street with a total of 300ft of deepwater. (150ft front and 150 ft back) Features lovely architectural details w/ soaring ceilings w/ wall of glass to bring in beautiful light and views of the water from almost every room. Custom built-in library, Den, coral fireplace, kitchen w/ granite, Wolf & Sub-zero appliances, wine bar, sunny breakfast room, Extensive outdoor living w/80ft covered patio, Newer Roof, 2 covered balconies, dining gazebo, summer kitchen, heated pool and spa, Lush landscaping, stone columns, old Chicago Brick drive and walkways, mosaics, and etched glass create a timeless charm. 2 new docks in front and back, new boat lift, jet ski lift and floating dock for kayaks and paddleboards. A true paradis
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| Mar 31, 2017 | Sold | ||
| Sold | |||
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About Tropic Isle South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017