132 48th STREET
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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 |
|---|---|---|---|
| Jun 1, 2023 | Sold | ||
| Sold | |||
| Feb 16, 2023 | Listed by LOCALS REALTY LLC | $1,315,000 | |
| Listed by LOCALS REALTY LLC | |||
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Charming 1950'a beach bungalow just steps away from the the pearly beaches of Anna Maria Island! This recently updated property is centrally located on Anna Maria Island and features 4 bedrooms and 2 full baths. Each room is beautifully decorated with designers touches while maintaining a relaxed tropical vibe. The galley kitchen is the perfect place to prepare a meal with stainless steel appliances, stone countertops and plenty of natural light from the kitchen and living room windows. Soak up some famous Florida sunshine in the private pool or wander down to the beach to enjoy the turquoise waters of the Gulf of Mexico! Just 30 minutes from the Sarasota airport and 55 minutes to Tampa/St Petersburg airports makes it the perfect getaway for an owner and guests. Property is already a successful vacation rental...Don't miss this one!!
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| Oct 14, 2022 | Sold | ||
| Sold | |||
| May 28, 2022 | Listed by KELLER WILLIAMS ON THE WATER | $1,280,000 | |
| Listed by KELLER WILLIAMS ON THE WATER | |||
| Dec 22, 2008 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017