1424-1454 Pineapple Avenue
About This Property
future development of the property. Water and sewer lines are at the site. Property has a traffic lights at both Eau Gallie Blvd and Pineapple Avenue.
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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 |
|---|---|---|---|
| Feb 24, 2019 | No longer available | - | |
| No longer available | |||
| Feb 21, 2019 | Sold | ||
| Sold | |||
| Jan 9, 2019 | Relisted | $895,000 | |
| Relisted | |||
| Nov 8, 2018 | No longer available | - | |
| No longer available | |||
| Sep 4, 2018 | Listed | $895,000 | |
| Listed | |||
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The property is in the heart of the Downtown Historic district with great views of the Indian River to the East. The property is zoned C-3 (Down Town Commercial) which has a residential component that allows high residential density per acre with a height limitation of 8 floors or 96', all having the potential of providing thefuture development of the property. Water and sewer lines are at the site. Property has a traffic lights at both Eau Gallie Blvd and Pineapple Avenue.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017