922 Tropic Boulevard
About This Property
The master suite is located on the second floor with both his and her toilets and 3 walk-in-closets. The third floor space allows for a home theatre or games room to be installed and has a substantial balcony. This is another amazing spot to enjoy the views and long Florida evenings. Everything in this house has been designed with a crisp, luxurious, modern finish. All it needs is for you to unpack your clothes and settle in.
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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 |
|---|---|---|---|
| Oct 5, 2018 | Sold | ||
| Sold | |||
| Jul 28, 2018 | Listed by Property Matters LLC | $3,741,800 | |
| Listed by Property Matters LLC | |||
| Apr 9, 2015 | Sold | ||
| Sold | |||
| May 17, 2012 | Sold | ||
| Sold | |||
| May 17, 2011 | Listed by Boca Realty Services, LLC | $599,000 | |
| Listed by Boca Realty Services, LLC | |||
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Deep water canal home in Tropic Isle with Southeast exposure. 90 feet on canal and street. Not a short sale. Great for tear down or remodel.
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Property Highlights
Building Info
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Price/ft²
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About Tropic Isle North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017