120 Sunset Way
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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by LoKation | $749,900 | |
| Listed by LoKation | |||
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Beautiful one-of-a-kind home nestled in the heart of Miami Springs just North of the Miami Springs Golf & Country Club. Originally built in 1949, this lovely home was reimagined in 2010 with a new slab, plumbing, electric, raised walls, 2nd story, metal roof, impact windows and doors – nothing was left untouched. Spacious main living area with open-floor plan, lots of light and soaring ceilings. In the kitchen you’ll find maple wood cabinets, granite countertops, a large island with breakfast bar and sleek, black appliances. Large primary bedroom with ensuite bathroom, guest bedroom, guest bathroom and a den with stairs that lead up to the 2nd floor loft bedroom. All appliances including dual A/C’s and water heater were replaced in 2010. Conveniently close to the Miami Airport and NO HOA!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017