945 Allamanda Drive
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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 |
|---|---|---|---|
| Sep 27, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $2,599,999 | |
| Listed | |||
| | |||
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Quality was our first consideration when designing and building this brand new contemporary masterpiece on over a 90' lot, directly on the water, with quick ocean access. Walk through the front door to a beautifully open and versatile great room with gorgeous tall ceilings and crown molding. The home was installed with impact-resistant, tinted windows and sliding doors. Upon opening the sliding doors you view the magnificent infinity pool and spa with custom water features which overlook the waterway. If staying indoors, simply relax in this tranquil 4560 square foot living area under air. The flooring throughout the home is high-quality wide plank wood floors. The custom kitchen is impressive with Thermador refrigerator and freezer combo all stainless steel Thermador appThe manager has listed the unit size as 4560 square feet.
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| Jul 12, 2017 | Listed by Illustrated Properties LLC (Co | $2,599,999 | |
| Listed by Illustrated Properties LLC (Co | |||
| Jun 23, 2015 | Sold | ||
| Sold | |||
| Apr 27, 2015 | Listed by Illustrated Properties LLC (Co | $726,000 | |
| Listed by Illustrated Properties LLC (Co | |||
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About Tropic Isle North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017