980 Scott 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 |
|---|---|---|---|
| Sep 2, 2024 | No longer available | - | |
| No longer available | |||
| Feb 14, 2024 | Listed by Re/Max Affinity Plus | $4,250,000 | |
| Listed by Re/Max Affinity Plus | |||
| Oct 2, 2023 | No longer available | - | |
| No longer available | |||
| Mar 17, 2023 | Listed by RE/MAX Affinity Plus | $5,250,000 | |
| Listed by RE/MAX Affinity Plus | |||
| | |||
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Build an amazing dream home on this beautiful lot in the esteemed Estates Area of Marco Island. This deep-water boater's paradise lot is situated on a desirable cul-de-sac where you can quickly head out into the Gulf of Mexico within minutes. This property boasts 154 ft of waterfront with a newer seawall (2016) for creating your outdoor oasis. With Western rear exposure, imagine watching the sunset dance across Caxambas Bay as you wind down from a day on your boat, at the beach or simply catching local fish for dinner right off your dock. Don't miss this rare find!
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| May 12, 2020 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
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About Marco Island
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$8,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017