35
Map
1198 NE 3rd Avenue
About This Property
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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 |
|---|---|---|---|
| Dec 17, 2021 | No longer available | - | |
| No longer available | |||
| Oct 23, 2021 | Price Decreased |
$1,450,000
↓ $25K
(1.7%) | |
| Price Decreased | |||
| May 31, 2021 | Listed by Champagne & Parisi Real Estate | $1,475,000 | |
| Listed by Champagne & Parisi Real Estate | |||
| | |||
|
COMPLETELY RENOVATED EAST BOCA HOMEInside and out, this owner has completely updated this home from the roof and stucco exterior to IMPACT GLASS and new A/C. Located on a quiet cul-de-sac this 2 story pool home is urban living close to Mizner Park and a short bike ride to the beach. Space to PARK YOUR BOAT or RV and only blocks from Intracoastal ramps and the Boca Inlet. The Kitchen is a cook's delight, new Monogram appliances with double ovens, convection microwave and induction cooktop with hood. Great for entertaining inside or on the patio by the pool. Main level Guest Room/Office. Tons of storage and cabana shower. Upstairs features brand new Oak floors and 4 bedrooms as well as a large tiled balcony overlooking the pool. The manager has listed the unit size as 2617 square feet.
| |||
| Jun 26, 2019 | Sold | ||
| Sold | |||
| Apr 25, 2019 | Listed by Lang Realty/BR | $699,000 | |
| Listed by Lang Realty/BR | |||
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About Boca Villas Heights
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$2,500 /mo
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$7,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017