1202 SE 8th Drive
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | Listed by Florida Quality Real Estate Inc. | $325,000 | |
| Listed by Florida Quality Real Estate Inc. | |||
| | |||
|
PRICE DROP! Welcome to your dream home on the water with Lake Access! This remodeled 4-bedroom, 3-bath residence in Okeechobee Estates boasts a unique feature--the side of the home has a 1-bedroom, 1-bathroom, and living room that has an exterior entrance, ideal for accommodating guests, in-laws, or generating income through Airbnb rentals. Step inside from the roomy screened in porch to discover a complete top to bottom remodel. The heart of the home is the expansive kitchen, featuring a charming farm-style sink and ample counter space, perfect for culinary enthusiasts. Each bathroom has custom showers and tile walls and full of relaxation. Don't miss your chance to make this home your own! Close to town. Motivated seller, bring all offers!
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| Sep 19, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | Listed by All Properties Realty Group | $249,900 | |
| Listed by All Properties Realty Group | |||
| Jun 11, 2014 | Sold | ||
| Sold | |||
Property Highlights
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About Okeechobee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017