1003 Hillsboro Mile
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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.
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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 |
|---|---|---|---|
| Jan 15, 2022 | No longer available | - | |
| No longer available | |||
| Nov 9, 2021 | Listed by Florida Luxurious Properties | $28,995,000 | |
| Listed by Florida Luxurious Properties | |||
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Located on extraordinarily desirable Hillsboro Mile this is one of the rare & few 150 feet deep water dockage residences available (dockage for up to 130ft yacht/new concrete dock & seawall). Lot size 43,673± SF. This spectacular direct oceanfront estate runs from intracoastal to the ocean offering a high elevation & spectacular views from both sides of residence. Existing residence is traditionally elegant & very comfortable for a casual beach house move-in option. Renderings illustrated depict a modern Bermuda inspired renovation to the residence adding additional impact glass, a floor plan reconfiguration & expanded outdoor terraces & custom pool addition. Designs created by a prominent oceanfront builder to bring today's island style flair & amenities to this highly valuable property The manager has listed the unit size as 10145 square feet.
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| Feb 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 28, 2020 | Price Increased |
$28,000,000
↑ $200K
(0.7%) | |
| Price Increased | |||
| Jun 4, 2020 | Price Decreased |
$27,800,000
↓ $200K
(0.7%) | |
| Price Decreased | |||
Property Highlights
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About Hillsboro Beach
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Currently no similar homes aroundNearby Rentals
$8,900 /mo
- 3 Beds
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- 1,891 ft²
$9,300 /mo
- 3 Beds
- 3 Baths
- 2,000 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017