33
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1028 88th St
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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by Ocean Club Realty, Inc. | $8,900,000 | |
| Listed by Ocean Club Realty, Inc. | |||
| Mar 26, 2025 | Listed | $7,700,000 | |
| Listed | |||
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Impeccably maintained modern mediterranean waterfront home in Surfside. This 5 bedroom/4 bathroom home boasts an open air atrium that floods the open plan living/dining spaces with natural light, highlighting the 20 foot ceilings. Main floor includes Living Room area, family room area, formal dining area, breakfast nook, Gourmet kitchen with Kosher cooking capabilities, Laundry room, 3 bedrooms and two baths while the second floor features 2 oversized bedrooms with ensuite bathrooms, walk-in closets and beautiful ceiling to floor views of the water. Step outside to a large travertine deck with a pool, and a spacious dock with shore power and swimming staircase. Currently leased through December 2026 with reliable tenants making it a perfect opportunity for both homeowners and investors.
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| May 15, 2024 | No longer available | - | |
| No longer available | |||
| Oct 16, 2023 | Listed | $7,920,000 | |
| Listed | |||
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Renovated 5 Bedroom, 4-bathroom Bayfront home nestled in the heart of Surfside, Miami Beach neighborhood. This beautiful home has an open and spacious floor plan with modern finishes, featuring a captivating open-air atrium flooding the interior with natural light. Backyard is drenched with natural light, composed of a travertine pool deck and the heated pool, surrounded by a lush tropical landscape providing a stylish setting for relaxation, forming a tranquil oasis. Property offers an expansive dock complete with shore power and water access, perfect for boating enthusiasts. This home is ideal for families, conveniently located, granting easy access to houses of worship, schools and shops, with a leisure stroll walk away to the beach. Can be shown up to 10/30/23 and after 5/30/24
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| Sep 27, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017