1220 SE 24th Avenue
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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.
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 |
|---|---|---|---|
| Feb 18, 2021 | Sold | ||
| Sold | |||
| Jan 3, 2021 | Listed by Blue Lighthouse Realty, INC | $1,450,000 | |
| Listed by Blue Lighthouse Realty, INC | |||
| Apr 6, 2018 | Sold | ||
| Sold | |||
| Nov 13, 2017 | Listed by One Sotheby's Int'l Realty | $1,125,000 | |
| Listed by One Sotheby's Int'l Realty | |||
| | |||
|
Spacious deepwater, ocean access custom built residence on quiet street, walking distance to St Coleman's, shopping, restaurants and more! Chef's kitchen w/granite, custom cabinets, & walk-in pantry w/natural ss gas cook top. Massive custom-built bar perfect for entertaining! Spacious master suite w/tray ceilings and balcony view that looks out over the waterway. 25' ceiling in the great room creates an open experience with lots of natural light. 73' of dockage. Impact storm windows & power backup system.
| |||
| Jul 30, 2017 | Listed by Blue Lighthouse Realty, INC | $1,125,000 | |
| Listed by Blue Lighthouse Realty, INC | |||
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About Pompano Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017