25
Map
1553 Chobee Street
About This Property
Step inside, and you'll immediately notice the care and attention to detail throughout. The kitchen showcases beautiful 42'' cabinets and stainless steel appliances, while the home itself underwent a comprehensive renovation in 2020, including new 5/8'' drywall, enhanced insulation, and stylish 5'' baseboards. Designed with accessibility in mind, the doorways have been widened, and convenient pocket doors were installed throughout. The master bedroom boasts a private slider leading directly to the screened-in back porch, where you can relax and unwind.
The master bath features a step-in tiled shower for easy access, and there's a convenient half-bath next to the guest room. For those times when you're coming back from a day of fishing or working in the yard, the den comes equipped with a handy surprise half-bath. You'll have your choice of cozying up in the formal living room or retreating to the den for some quiet time.
Step outside and explore additional spaces perfect for enjoying the beautiful Florida weather: a covered gazebo and a storage shed for your lawn equipment. For boating enthusiasts, there's a lift with an estimated 6,000 lb capacity (buyer to verify), offering easy access to the water.
This property is ideally located on a navigable canal, just minutes from Lake Okeechobee, the Lake Okeechobee Waterway Locks, and Roland Martin Marina. Whether you prefer heading east or west, you'll have endless opportunities for boating adventures.
Your landscaping will remain lush and vibrant thanks to the automatic sprinkler system. The home's metal roof offers added peace of mind during Florida's hurricane season, while the complete impact windows and doors provide an extra layer of protection. Additionally, the electrical system is wired for easy connection to a portable generator, ensuring you're prepared for any situation.
This property is truly a hidden treasure, offering both comfort and practicality. With so much to offer, you'll need to see it in person to appreciate all it has to offer. Call today to schedule your showing!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Price Decreased |
$355,000
↓ $14K
(3.8%) | |
| Price Decreased | |||
| Jul 3, 2025 | Price Decreased |
$369,000
↓ $26K
(6.6%) | |
| Price Decreased | |||
| May 31, 2025 | Price Decreased |
$395,000
↓ $15K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017