18
Map
1174 Port Malabar Boulevard NE
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 |
|---|---|---|---|
| Aug 28, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | Listed by Denovo Realty | $279,900 | |
| Listed by Denovo Realty | |||
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This three-bedroom, two-bathroom home with spacious (ducted) flex space creates the perfect opportunity to make it your own. Flex space can be utilized in many ways such as a fourth bedroom, office, or playroom!
With an open concept, updated vinyl flooring throughout, a large back yard and a newer roof (under two years), it is the perfect opportunity for first-time buyers or as an income-producing rental property.
Leased until 9/30/2023 but tenants would like to move earlier!
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| Mar 24, 2022 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by Space Coast Realty Corp. | $239,000 | |
| Listed by Space Coast Realty Corp. | |||
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017