950 Marina 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%.
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 30, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by Douglas Elliman | $1,275,000 | |
| Listed by Douglas Elliman | |||
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Stunning home in The Cove, the most prestigious enclave of Savanna. Impeccably maintained home features a triple-split floor plan w/4 bedrooms plus office and 3 full bathrooms. Pre-inspected for the most discerning buyer, high-end lighting, renovated kitchen with new hardware, wood-look flooring throughout, and a freshly painted interior. Even the air ducts have been professionally cleaned. The expansive backyard includes a spacious patio, built-in BBQ, and lush green space—perfect for entertaining. Amenities, including multiple pools, a waterslide, a children's aquatic play area, mini golf, basketball courts, a roller hockey rink, and a clubhouse with a multipurpose field. Ideally located near top-rated schools, premier shopping, fine dining, and scenic parks.
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| Aug 20, 2021 | Sold | ||
| Sold | |||
| Jun 19, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017