8
Map
963 Loggerhead Island 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 5, 2017 | Sold | ||
| Sold | |||
| Feb 3, 2017 | Listed by Coldwell Banker Paradise | $699,000 | |
| Listed by Coldwell Banker Paradise | |||
| Jun 10, 2014 | Sold | ||
| Sold | |||
| May 2, 2013 | Listed by RE/MAX Olympic Realty | $639,000 | |
| Listed by RE/MAX Olympic Realty | |||
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ONLY HOUSE ON THE ISLAND THAT IS POURED CONCRETE/FOAM BLOCK! BUILT for energy efficiency. Only one house away from the entrance to the Banana River. AWESOME location for boating. Spacious Master Suite on first floor. Master Bath includes separate sinks, make up space, bidet, & Large garden tub. 2 Story Family Room with Expansive Water views from the back of home. 5 large fixed windows from above slider for the ultimate water view! Right near Samson Island for canoeing or kayaking. Formal living, dining, large great room, and loft area. Boat lift 6,000 lbs, jet ski lift, room for a large sailboat. Dock has vinyl decking so never has to be replaced. Home includes Termite Bond.
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Property Highlights
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About Tortiose Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017