149 Root Trail
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 |
|---|---|---|---|
| May 19, 2022 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Sold | ||
| Sold | |||
| Jun 1, 2020 | Listed by Compass Florida LLC | $1,850,000 | |
| Listed by Compass Florida LLC | |||
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Just steps from town and the beach, the most charming cottage on Root Trail is now available for sale. Exquisitely renovated with landscaping designed by Fernando Wong, this historic two bedroom, two bath home is replete with 12' vaulted cypress ceilings, extensive built-ins, hardwood floors, marble countertops, top-of-the-line appliances, hurricane impact windows, clever storage, gas lanterns and private outdoor space (including a shower).
149 Root Trail is conveniently within walking distance to some of the finest shopping, dining, and beaches on the Island. Also nearby are everyday conveniences such as Publix, Green's Pharmacy, Amici Market, The Royal Poinciana Plaza and numerous financial institutions.
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| Jan 16, 2019 | Sold | ||
| Sold | |||
| Nov 8, 2018 | Listed by NV Realty Group LLC | $1,595,000 | |
| Listed by NV Realty Group LLC | |||
Property Highlights
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About Ocean Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017