13440 Gulf BOULEVARD #506
About This Property
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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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2023 | Listed by TOTAL REALTY SERVICES INC | $1,100,000 | |
| Listed by TOTAL REALTY SERVICES INC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/27/2024
|
2 Bed
|
2 Bath
|
1055 ft²
|
$995,000
2 Bed
2 Bath
1055 ft²
|
$940,000
-5.53%
03/11/2024
|
Linda Lee Gates
SMITH & ASSOCIATES REAL ESTATE
| |
|
09/10/2023
|
2 Bed
|
2 Bath
|
1055 ft²
|
$1,100,000
2 Bed
2 Bath
1055 ft²
|
$1,050,000
-4.55%
05/01/2024
|
Doreen Moore
TOTAL REALTY SERVICES INC
| |
|
02/01/2023
|
2 Bed
|
2 Bath
|
1055 ft²
|
$875,000
2 Bed
2 Bath
1055 ft²
|
$875,000
03/17/2023
|
Doreen Moore
TOTAL REALTY SERVICES INC
|
Building Info
- 1 Unit for Sale
About Madeira Beach
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Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 3 Beds
- 2 Baths
- 1,455 ft²
$6,500 /mo
- 2 Beds
- 2 Baths
- 1,100 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017