14523 117th AVENUE N
About This Property
Venture further, and the sleeping quarters reveal their serene elegance with the designer accent wallpaper. Four spacious bedrooms, including a luxurious master suite, offers a sanctuary for rest and relaxation, each adorned with touches of comfort and tranquility.
However, the true gem of this property lies beyond the walls-a shimmering saltwater heated pool shimmers under the sun's embrace, inviting both leisurely dips and vibrant poolside gatherings. Adjacent, RV parking awaits adventure and promising journeys to the horizon and beyond. The garage has generous amount of space for 2 vehicles or future use ready as a recreation room with cable hookups, ceiling fan and finishes. With NO FLOOD INSURANCE required, this home offers security and flexibility as a successful investment or a cherished full-time residence. Warranties with home: There is a 1 year building warranty. The pool deck pavers, tile and coping have a 1 year warranty. The pool equipment has a 3 year warranty and the concrete pool has a 5 year warranty. Live the beach life without the expense!
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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 |
|---|---|---|---|
| Jan 16, 2024 | Sold | ||
| Sold | |||
| Dec 30, 2023 | In contract | - | |
| In contract | |||
| Dec 2, 2023 | Listed by COMPASS FLORIDA LLC | $769,000 | |
| Listed by COMPASS FLORIDA LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017