1240 Pierce Street
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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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by Compass Florida, LLC | $925,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
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Experience the epitome of coastal living with a modern luxury approach in this meticulously remodeled home. This is truly like a brand new home. The heart of the house, a stunning, large, airy kitchen, a chef's dream with custom made cabinetry and boasting a huge island where your family and friends will love to gather. The entire interior has been remodeled to perfection with some wonderful features such as new flooring, shaker custom made doors, closet cabinetry, and beautiful bathrooms. Doors lead you out to a great size fenced in backyard with room for a pool. Other new features include electrical, water heater, appliances, AC etc. At this wonderful location you are just steps away from golf courses and North Lake. Minutes to beach, downtown and worship. We welcome you to Home Pierce.
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| Jan 16, 2018 | Sold | ||
| Sold | |||
| Aug 31, 2017 | Listed by Compass Florida, LLC | $499,900 | |
| Listed by Compass Florida, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017