1224 Florence 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 |
|---|---|---|---|
| Apr 9, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | Listed by Premier Agency R.E. Inc | $665,000 | |
| Listed by Premier Agency R.E. Inc | |||
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Charming 2-Bedroom Home in Beautiful Imperial Beach! Welcome to this inviting 2-bedroom, 1-bathroom home, perfect for a starter home or investment opportunity! This property features elegant wood flooring throughout, adding warmth and character to the space. The kitchen boasts granite countertops, and refrigerator. Washer and dryer, are included for your convenience. Enjoy an abundance of natural light flowing through the home, creating a bright and airy atmosphere. Step outside to find fresh new grass in both the front and backyard, providing a lush outdoor setting for relaxation and entertainment. The 1-car garage is enhanced with a durable epoxy-coated floor, adding both style and functionality. Nestled in the desirable Imperial Beach community, this home offers easy access to beautiful beaches, parks, shopping, and dining. Experience the coastal lifestyle in a friendly neighborhood with a laid-back vibe. Don’t miss out on this incredible opportunity—schedule your showing today!
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| Aug 7, 2019 | Sold | ||
| Sold | |||
| Jun 19, 2019 | Listed by Seacoast Realty Group | $450,000 | |
| Listed by Seacoast Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017