1001 SE 2nd Avenue
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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Price Decreased |
$750,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Sep 5, 2024 | Price Decreased |
$770,000
↓ $20K
(2.5%) | |
| Price Decreased | |||
| Aug 5, 2024 | Listed by National Pro Broker | $790,000 | |
| Listed by National Pro Broker | |||
| | |||
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Welcome to Cypress Park of Pompano Beach! Updated 4-bedroom, 3-bathroom residence is perfectly situated on a spacious corner lot, offering both privacy and curb appeal. With 1,784 sq. ft. of living space, this home boasts a host of modern upgrades. Features include impact windows and doors, new flat tile roof, updated kitchen and rejuvenated bedrooms and bathrooms. The property benefits from ongoing improvements, with a general contractor currently working on the final touches to ensure everything is perfect.
Don’t miss this opportunity to own a move-in-ready home in a vibrant community. Schedule your showing today and experience the best of Pompano Beach living in Cypress Park!
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About Cypress Park
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$6,500 /mo
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$9,995 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017