13
Map
1 Park Place
About This Property
This property is entitled to up to a 4,922 Ft. Sq. single family residence or combination main house and guest house.
Florida living the way it should be! This lot is ready for you to build the home of your dreams.
CURRENT HOME IS SLATED FOR REDEVELOPMENT. RENDERING IS CONCEPTUAL & PHOTO REFLECTS PROPERTY UPON HOME REMOVAL PRICE REFLECTS LAND VALUE FOR SALE.
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Cap Rate Calculator
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 16, 2025 | Sold | ||
| Sold | |||
| Mar 1, 2025 | Price Decreased |
$1,849,500
↓ $500
(0%) | |
| Price Decreased | |||
| Feb 13, 2025 | Price Decreased |
$1,850,000
↓ $100K
(5.1%) | |
| Price Decreased | |||
| Jan 20, 2025 | Price Decreased |
$1,950,000
↓ $350K
(15.2%) | |
| Price Decreased | |||
| Jan 5, 2025 | Price Decreased |
$2,299,500
↓ $500
(0%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Country Club of Florida
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017