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10841 NE 2nd Pl
About This Property
This single-family home is located in a desirable duplex-zoned area with NO HOA, offering greater flexibility and investment potential. The property is not located in a flood zone and features 3 bedrooms and 2 bathrooms. It has been partially remodeled and offers an excellent opportunity for a buyer looking to personalize the home and add value.
Whether you are looking to establish your primary residence, create a comfortable family home, or explore a potential Airbnb/short-term rental business, this property offers multiple possibilities. Its zoning, location, and lack of HOA restrictions make it especially attractive to investors seeking flexibility and long-term potential.
Don't miss this opportunity to own a property with excellent upside in a highly desirable area!
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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 |
|---|---|---|---|
| Aug 27, 2026 | Listed by SEI Brokers Corporation | $780,000 | |
| Listed by SEI Brokers Corporation | |||
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Price Decreased |
$599,000
↓ $51K
(7.9%) | |
| Price Decreased | |||
| Sep 30, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Miami Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017