991 SCOTT Drive
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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 |
|---|---|---|---|
| May 21, 2021 | Sold | ||
| Sold | |||
| Oct 9, 2012 | Sold | ||
| Sold | |||
| Mar 30, 2012 | Listed by Coldwell Banker Residential RE | $2,399,000 | |
| Listed by Coldwell Banker Residential RE | |||
| Jun 23, 2009 | Sold | ||
| Sold | |||
| Feb 7, 2008 | Listed by Results Realty Marco Island | $2,400,000 | |
| Listed by Results Realty Marco Island | |||
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Southern exposure on Caxambas Pass overlooking Big water and the 10,000 Island. 278 feet of waterfront on the pass. Concrete dock and boat lift is in place. Gorgeous views. A true wildlife sanctuary with views of flocking birds ie. roseate spoonbill, Ibis etc as well as Dolphin and manatees and other marine life even great fishing at the seawall. Expansive views of the entire Pass and 10,000 islands in the distance!
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About Marco Island
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Phone: 425-283-2930
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