1331 NE 41st 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 |
|---|---|---|---|
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Mar 18, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | Listed by RICHARD PETERS REALTY LLC | $360,000 | |
| Listed by RICHARD PETERS REALTY LLC | |||
| | |||
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Highest and Best by 20 Feb, decision on 21 Feb. All numbers considered* Extremely hard to find turnkey charmer with brand new upgrades, minutes from Deerfield & Pompano Beach! The seller’s unexpected move creates the perfect opportunity to snatch up this fully upgraded, move-in-ready home in a quiet, well-located neighborhood at the lowest price per sqft in the area! So what makes this place so special? 1) Brand New Kitchen in 2022 with beautiful granite countertops and new white shaker cabinets. 2) New AC in 2022. 3) Newly updated full bathroom 4) Large fully fenced-in yard with a brand new white fence plus a shed for extra storage. 5) New vinyl flooring throughout. 6) Freshly painted exterior &) Tropicool-coated roof that keeps the home cooler, lowers energy costs, and extends the roof's longevity. 7) Fantastic location close to schools, shops, restaurants, and all major amenities, and just 11 minutes from Deerfield and Pompano Beach, and steps away from two parks. Slight roof repair or new roof may be needed. This home is perfect for anyone looking for a fantastic property with modern updates in an unbeatable location, whether as a primary residence or an excellent investment opportunity for long or short-term rentals. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” please reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
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| Sep 16, 2019 | Sold | ||
| Sold | |||
| Apr 17, 2019 | Listed by Better Homes & Gdns RE Fla 1st | $235,000 | |
| Listed by Better Homes & Gdns RE Fla 1st | |||
Property Highlights
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About Pompano Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017