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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 |
|---|---|---|---|
| Aug 27, 2026 | Price Decreased |
$1,050,000
↓ $40K
(3.7%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by COLLADO REAL ESTATE | $1,090,000 | |
| Listed by COLLADO REAL ESTATE | |||
| Jul 9, 2026 | Listed by SIMPLY REAL ESTATE | $1,050,000 | |
| Listed by SIMPLY REAL ESTATE | |||
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Tucked away on a quiet cul-de-sac just off highly sought-after Riverside Drive, this beautifully updated home offers the Florida lifestyle so many buyers are searching for. Enjoy sunrise views toward the Intracoastal from your balcony, then spend the rest of the day relaxing by the pool or entertaining in the private backyard surrounded by tropical landscaping, an outdoor shower, covered patio, and fire pit. Inside, soaring vaulted ceilings and tongue-and-groove wood ceilings create an inviting living space filled with natural light. Oversized windows and sliding glass doors bring the outdoors in, while glossy tile flooring and a modern color palette give the home a clean, updated feel. The kitchen features gray shaker cabinetry, quartz countertops, and a timeless design that blends style and functionality. The first-floor primary suite offers privacy and convenience, while the oversized upstairs bedrooms provide plenty of space for family or guests. An oversized two-car garage offers room for vehicles, storage, and all of your Florida gear. While the home offers the peace and privacy of a quiet cul-de-sac, you're just five miles from Canal Street in New Smyrna Beach, where you'll find locally loved restaurants, boutique shopping, and community events. Many neighbors even enjoy taking their golf carts into town, adding to the laid-back Florida lifestyle. All information taken from the tax record, and while deemed reliable, cannot be guaranteed.
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| Apr 7, 2022 | Sold | ||
| Sold | |||
| Feb 13, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017