10823 87TH AVENUE
About This Property
Welcome to your beautifully updated home-an exceptional opportunity for homebuyers looking for a modern, move-in ready home! This stunning 2-bedroom, 1-bathroom block residence, complete with a 1-car garage, perfectly combines comfort, contemporary style, and potential for expansion on its spacious lot. Located in a non-flood insurance zone (X), the home features a recently installed roof with a Golden Pledge Warranty from 2023, new central A/C, and water heater, along with insulated windows for enhanced energy efficiency. Step inside to find pristine surfaces, a gorgeous kitchen with new cabinets, granite countertops, and a chic tile backsplash, complemented by high-end stainless steel appliances, including a 2024 French-door refrigerator. The luxurious bathroom boasts a new bathtub, modern fixtures, and elegant tile finishes, while the newly painted and screened porch overlooks the expansive fenced backyard. Enjoy elegant luxury vinyl plank flooring throughout (9"x60"), LED recessed lighting, and tasteful ceiling fans for a modern atmosphere. Additional features include a new front door with Baldwin hardware, fresh closet doors, and professional painting inside and out. The outdoor space is ideal for gatherings, featuring a newly installed irrigation system in both the front and back yards and a new vinyl fence. The home also features newly installed aluminum roll down shutters that make the home storm-ready in minutes. All of this is just minutes away from Gulf beaches, boat ramps, and Lake Seminole Park, offering endless recreational opportunities. Whether you're starting your journey into homeownership or searching for a cozy retreat in retirement, this home is ready to embrace you. Don't let this remarkable opportunity pass you by-make it yours today!
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Price Decreased |
$385,000
↓ $14K
(3.5%) | |
| Price Decreased | |||
| Sep 26, 2024 | Listed by BHHS FLORIDA PROPERTIES GROUP | $399,000 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
| | |||
|
$0 Down Payment Options Available for This Property - Restrictions Apply
Welcome to your beautifully updated home—an exceptional opportunity for homebuyers looking for a modern, move-in ready home! This stunning 2-bedroom, 1-bathroom block residence, complete with a 1-car garage, perfectly combines comfort, contemporary style, and potential for expansion on its spacious lot. Located in a non-flood insurance zone (X), the home features a recently installed roof with a Golden Pledge Warranty from 2023, new central A/C, and water heater, along with insulated windows for enhanced energy efficiency. Step inside to find pristine surfaces, a gorgeous kitchen with new cabinets, granite countertops, and a chic tile backsplash, complemented by high-end stainless steel appliances, including a 2024 French-door refrigerator. The luxurious bathroom boasts a new bathtub, modern fixtures, and elegant tile finishes, while the newly painted and screened porch overlooks the expansive fenced backyard. Enjoy elegant luxury vinyl plank flooring throughout (9"x60"), LED recessed lighting, and tasteful ceiling fans for a modern atmosphere. Additional features include a new front door with Baldwin hardware, fresh closet doors, and professional painting inside and out. The outdoor space is ideal for gatherings, featuring a newly installed irrigation system in both the front and back yards and a new vinyl fence. The home also features newly installed aluminum roll down shutters that make the home storm-ready in minutes. All of this is just minutes away from Gulf beaches, boat ramps, and Lake Seminole Park, offering endless recreational opportunities. Whether you’re starting your journey into homeownership or searching for a cozy retreat in retirement, this home is ready to embrace you. Don’t let this remarkable opportunity pass you by—make it yours today!
| |||
| Jun 27, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017