1422 SE 2nd Avenue
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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.
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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 |
|---|---|---|---|
| Apr 13, 2022 | Sold | ||
| Sold | |||
| Feb 2, 2022 | Listed by United Realty Group Inc | $525,000 | |
| Listed by United Realty Group Inc | |||
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Jun 24, 2020 | Listed by Click & Banks Company Inc. | $420,000 | |
| Listed by Click & Banks Company Inc. | |||
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Spacious open and airy 4/3 just west of U.S. 1. Huge open kitchen with a separate room, office, living room, 2 car garage with washer and dryer. House is tiled, bathrooms are original 50's style. A/C only 3 years old. New high density shingle roof finished. This home is in a great location, accessible to all amenities like shopping, dining, entertainment, highways and beaches and very quiet. No H.O.A.!!!!! Home is currently divided into a mother in law (1/1) and main section of house (2/2). Tenant occupied, no lease in place. Ideal to live in part and have some income. Needs some updating. Easy to show main section. 4/3 with Double Garage. Huge kitchen with a separate room, office, living room, 2 car garage with washer and dryer. No lease in place. House is tiled, bathrooms are older. A/C only 3 years old. Brand new high density roof. Great as an income property, live in one section.
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| Jan 11, 2005 | Sold | ||
| Sold | |||
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About Fairlawn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017