1140 NE 191 STREET #25
About This Property
UNIT FIXTURES: CENTRAL A/C & HEAT,OPEN KITCHEN W/GRANITE COUNTER TOP, TILES FLOORING THROUGH-OUT,IMPACT WINDOWS&DOORS. PANORAMIC LAKE VIEW. COVERED PARKING. ALL AGES BUILDING. ASSOCIATION WORKING ON THE 40'S YEARS RESERTIFICATION. MOTIVATED SELLER
NO FHA
The manager has listed the unit size as 1150 square feet.
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2023 | No longer available | - | |
| No longer available | |||
| Jul 1, 2023 | In contract | - | |
| In contract | |||
| Apr 26, 2023 | Price Increased |
$255,000
↑ $10K
(4.1%)
|
|
| Price Increased | |||
| Mar 31, 2023 | Relisted | $245,000 | |
| Relisted | |||
| Mar 28, 2023 | Price Increased |
$245,000
↑ $5K
(2.1%)
|
|
| Price Increased | |||
Property Highlights
1140 NE 191 STREET #25, North Miami Beach, FL, 33179
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/01/2023
|
2 Bed
|
2 Bath
|
1350 ft²
|
$256,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Spyridon Moreira
Onepath Realty LLC
|
|
|
05/26/2023
|
1 Bed
|
1.5 Bath
|
830 ft²
|
$279,000
1 Bed
1.5 Bath
830 ft²
|
-
-
|
-
|
Alan Garcia
Total Brokers USA, LLC.
|
|
|
10/04/2022
|
2 Bed
|
2 Bath
|
1150 ft²
|
$229,900
2 Bed
2 Bath
1150 ft²
|
-
-
|
-
|
Glenis Jimenez
Beachfront Realty Inc
|
|
|
04/11/2022
|
2 Bed
|
2 Bath
|
1350 ft²
|
$219,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Damien Della Roze
Beachfront Realty Inc
|
|
|
09/23/2021
|
2 Bed
|
2 Bath
|
1150 ft²
|
$130,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
-
|
Jorge De Pina Jr
MIA Realty, CORP
|
|
|
05/01/2019
|
2 Bed
|
2 Bath
|
1150 ft²
|
$169,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
-
|
Alfonso Ruiz Perez
BEACHFRONT REALTY INC
|
|
|
07/30/2017
|
|
2 Bed
|
2 Bath
|
1150 ft²
|
-
2 Bed
2 Bath
1150 ft²
|
-
-
|
-
|
-
|
|
06/01/2012
|
2 Bed
|
2 Bath
|
1150 ft²
|
$50,440
2 Bed
2 Bath
1150 ft²
|
$67,200
+33.23%
03/26/2013
|
-
|
Guy Abbotoni
Abbotoni & Associates R E Inc
|
Building Info
- 2 Units for Sale
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