1000 N Us Hwy 1 #BE403
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%.
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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 4, 2014 | Sold | ||
| Sold | |||
| Jan 11, 2014 | Listed by Illustrated Properties (Abacoa) | $539,000 | |
| Listed by Illustrated Properties (Abacoa) | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/04/2016
|
3 Bed
|
3 Bath
|
2000 ft²
|
$1,175,000
3 Bed
3 Bath
2000 ft²
|
$1,062,000
-9.62%
12/16/2016
|
Joseph M Quirk
Illustrated Properties LLC (Jupiter)
| |
|
01/11/2014
|
2 Bed
|
2 Bath
|
1828 ft²
|
$539,000
2 Bed
2 Bath
1828 ft²
|
$500,000
-7.24%
04/04/2014
|
Angie Masterson
Illustrated Properties (Abacoa)
| |
|
08/11/2010
|
3 Bed
|
2 Bath
|
1828 ft²
|
$290,000
3 Bed
2 Bath
1828 ft²
|
$270,000
-6.90%
05/15/2012
|
Angie Masterson
Illustrated Properties (Abacoa)
| |
|
05/09/2010
|
3 Bed
|
2 Bath
|
3008 ft²
|
$648,900
3 Bed
2 Bath
3008 ft²
|
$625,000
-3.68%
03/12/2012
|
Nicholas Daugenti
The Keyes Company (Tequesta)
|
Building Info
About Island at Rive Harbour
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017