955 Gardenia Drive
About This Property
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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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | Listed by Lang Realty/BR | $3,399,999 | |
| Listed by Lang Realty/BR | |||
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This exquisite single story 4 bedroom 3 bathroom waterfront home sits on a wide water canal just two homes off the point in the highly sought-after neighborhood of Tropic Isle. The newly raised 90-foot seawall and concrete dock with power & water is a boater's dream, offering direct access from the wide canal to the intracoastal with no fixed bridges. As you step through the magnificent front doors, the panoramic water views and high ceilings throughout the house amplify the sense of grandeur and open space. The living areas are adorned with automated floor-to-ceiling sheers, allowing natural light to flood in while custom plantation shutters throughout offer privacy and elegance. The heart of this home is undoubtedly the bright and spacious kitchen, which overlooks the (MORE) crystal-clear heated pool, spa and wide canal. Attention to detail extends throughout the home with features like all impact windows and doors, a Ring alarm system, a whole house sound system, a whole house carbon water filter plus a reverse osmosis water filter in the kitchen. Step outside to discover a fabulous entertaining space and meticulous landscaping. Whether lounging under the elegant pergola, enjoying the bar area, or taking a dip in the inviting pool or spa, this outdoor oasis offers the perfect backdrop for relaxation and social gatherings. This home offers a harmonious blend of luxury, comfort, and an enviable waterfront lifestyle. It awaits the discerning buyer who appreciates the finer things in life and the unique opportunity to own a piece of paradise.
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| Dec 17, 2020 | Sold | ||
| Sold | |||
| Oct 7, 2020 | Listed by Jeff Butcher | $1,999,000 | |
| Listed by Jeff Butcher | |||
| Aug 11, 2020 | No longer available | - | |
| No longer available | |||
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About Tropic Isle North
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$7,500 /mo
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$4,500 /mo
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- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017