1201 Buchanan Street
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 |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | Price Decreased |
$790,000
↓ $9K
(1.1%) | |
| Price Decreased | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Jul 29, 2025 | Price Decreased |
$799,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Jul 1, 2025 | Listed | $829,000 | |
| Listed | |||
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Beautifully maintained 3-bedroom, 3-full bath home with a separate den/office, ideally situated on a large prime corner lot just minutes from Northlake, Hollywood Beach and the Intracoastal. Expansive picture windows fill the home with an ample amount of natural light. Enjoy plenty of parking space with a 2-car garage, 2-car driveway, and circular driveway offering space for 7+ vehicles or recreational/boat/RV storage. Recent upgrades include a newer roof, A/C, water heater, and freshly painted interior and exterior. The fenced backyard features lush landscaping with mature banana, lime, mango and orange trees. Conveniently located near Downtown, top-rated restaurants, shopping, and Fort Lauderdale Airport.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017