1400 SE 8th Avenue
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%.
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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 10, 2022 | Sold | ||
| Sold | |||
| Mar 7, 2022 | Listed by RE/MAX First | $575,000 | |
| Listed by RE/MAX First | |||
| Jan 29, 2021 | No longer available | - | |
| No longer available | |||
| Jan 6, 2021 | Listed by RE/MAX First | $449,000 | |
| Listed by RE/MAX First | |||
| | |||
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Large 2 bedroom 2 bath open-floor plan home with 2 car garage. Located in east Deerfield Beach just north of Lighthouse Point and south of Hillsboro Blvd. Very spacious and large kitchen make it perfect for entertaining. Close to many restaurants, shopping, grocery stores and only 2 miles to Deerfield Beach. A great opportunity to make this home your own and to own in one of the most desirable areas in South Florida. The manager has listed the unit size as 1533 square feet.
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| Aug 4, 2005 | Sold | ||
| Sold | |||
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About Floresta Estates
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$6,900 /mo
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$9,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017