1109 SE 12th Terrace
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Listed by Keller Williams Realty Boca Raton | $1,000,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
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Tucked away on a quiet cul-de-sac in The Cove, this beautifully updated 3-bedroom, 2.5-bath pool home offers the ideal South Florida lifestyle—just minutes from the beach, Intracoastal, and Mizner Park. Inside, you'll find elegant travertine floors, a bright open layout, and a bonus family room with a cozy fireplace and a sleek built-in bar—perfect for entertaining. The gourmet kitchen features stainless steel appliances and wood cabinetry, flowing effortlessly into a dining area framed by oversized sliders that lead to your private outdoor retreat.
Step outside to a fully fenced tropical backyard, complete with a sparkling freeform pool, covered patio, and lush landscaping that creates your own private oasis. The spacious primary suite boasts a tranquil sitting area and spa-style bathroom with double vanity and walk-in shower. With an oversized driveway, 2-car garage, and prime location east of US-1, this home checks every box for comfort, convenience, and coastal charm.
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| Nov 1, 2022 | Sold | ||
| Sold | |||
| Jan 24, 2022 | Sold | ||
| Sold | |||
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About The Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017