159 MEDALLION BOULEVARD #F
About This Property
The manager has listed the unit size as 430 square feet.
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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 |
|---|---|---|---|
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jun 13, 2022 | Listed | $379,000 | |
| Listed | |||
| | |||
|
Turn-key furnished condo, with short term rental ability! This unit is already generating income with advance reservations in place. This waterfront Community is located less than ONE Block to the Beach! You can walk to the beach from this unit – no need to drive! This unit has been completely renovated and is being sold FULLY FURNISHED – TURN KEY! This is a Gated community with ample parking. There are partial GULF VIEWS from the front balcony and AMAZING water views from the back patio which offers a table with umbrella and a private grill! Rent 7 day minimum. Recent updates/upgrades: All windows have been replaced w/ hurricane proof windows. Electrical fuse box replaced in 2015 and HVAC in 2017 (with maint. contract). Kitchen and Bath have been completely remodeled with granite counters, newer fixtures, Washer/dryer inside unit, newer cabinets and vanity, newer tile floors and more! The unit will sleep 4 (2 on pull out couch and 2 in master bedroom.) There is a large closet and attic access for additional storage. This unit is fully furnished and stocked, turn-key and ready to occupy or rent immediately! On-site amenities include; work out rooms, Sauna, 2 Steam rooms, 2 Pools, Billiards room, Club house, and 4 Piers. WALK to the beach and to ROC Park, Yoga, Tennis courts, Dog park, Playground, Recreation center, Library, Winn Dixie and more. Walking distance to Restaurants and Downtown Madeira Beach. Boat slips may be available for rent from private owners or may be purchased (when available). Condo fees include all expenses except electric. Own your piece of paradise and earn income from rentals to pay for it.
| |||
| Aug 27, 2020 | No longer available | - | |
| No longer available | |||
| Aug 21, 2020 | Listed | $230,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/07/2023
|
1 Bed
|
1 Bath
|
430 ft²
|
$395,000
1 Bed
1 Bath
430 ft²
|
$390,000
-1.27%
11/20/2023
|
Chris Remmert
CENTURY 21 EXECUTIVE TEAM
| |
|
09/19/2022
|
1 Bed
|
1 Bath
|
430 ft²
|
$349,000
1 Bed
1 Bath
430 ft²
|
$315,000
-9.74%
02/24/2023
|
Michael Lynch
COLDWELL BANKER SUN VISTA
| |
|
07/23/2022
|
1 Bed
|
1 Bath
|
430 ft²
|
$414,000
1 Bed
1 Bath
430 ft²
|
-
-
|
Gina Johnson
WATERFRONT REALTY TAMPABAY
| |
|
06/13/2022
|
1 Bed
|
1 Bath
|
430 ft²
|
$379,000
1 Bed
1 Bath
430 ft²
|
$352,000
-7.12%
08/19/2022
|
Michael Wyckoff
Engel & Volkers Madeira Beach
| |
|
06/13/2022
| |
1 Bed
|
1 Bath
|
430 ft²
|
$399,000
1 Bed
1 Bath
430 ft²
|
$390,000
-2.26%
10/10/2022
|
Michael Wyckoff
Engel & Volkers Madeira Beach
|
|
07/21/2021
|
1 Bed
|
1 Bath
|
430 ft²
|
$235,000
1 Bed
1 Bath
430 ft²
|
$235,000
07/21/2021
|
Gina Johnson
WATERFRONT REALTY TAMPABAY
| |
|
08/21/2020
|
1 Bed
|
1 Bath
|
430 ft²
|
$230,000
1 Bed
1 Bath
430 ft²
|
-
-
|
Michelle Chandler
Future Home Realty Inc
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017