903 Balmoral Way
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 11, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Listed by RE/MAX Aerospace Realty | $895,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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One-of-a-kind home in the luxury community of Baytree, located in the heart of Viera and Suntree. Situated on an exceptional corner lot, this waterfront property wraps around your home, offering stunning views. This spacious 5-bedroom, 3-bathroom home with a 3-car garage boasts a heated saltwater pool and spa, a convenient pool bathroom leading to a separate en-suite living space.
Natural light pours in through three large pocket sliding doors, seamlessly connecting the interior to the pool deck. The home features an open-concept layout, including a great room, formal dining area, and living room. The large kitchen is equipped with brand-new granite countertops, all new appliances and an expansive breakfast bar.
Throughout the home, you'll find beautiful new Travertine tile floors that add elegance and durability. New premium hurricane-impact windows will make hurricane prep a breeze.
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| Aug 9, 2023 | Sold | ||
| Sold | |||
| Mar 23, 2023 | Listed by RE/MAX Elite | $789,000 | |
| Listed by RE/MAX Elite | |||
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About Baytree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017