1961 Coco Palm Place
About This Property
This is a great opportunity for someone who likes to customize their home. This charming 1955 house is nestled in a high end neighborhood where there are homes for $2M+! The backyard is huge and if you choose to put in a pool there will still be lots of space for your kids to play. And if that's not enough, the neighbors are wonderful! You will love the energy and vibe here! Sellers are motivated and will entertain reasonable offers.
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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 |
|---|---|---|---|
| Jul 27, 2020 | Sold | ||
| Sold | |||
| May 4, 2020 | No longer available | - | |
| No longer available | |||
| May 3, 2020 | Listed by Champagne & Parisi Real Estate | $480,000 | |
| Listed by Champagne & Parisi Real Estate | |||
| Nov 3, 2019 | Listed by Champagne & Parisi Real Estate | $495,000 | |
| Listed by Champagne & Parisi Real Estate | |||
| Mar 16, 1999 | Sold | ||
| Sold | |||
Property Highlights
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About Lauderdale-by-the-Sea
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,995 /mo
- 4 Beds
- 2 Baths
- 2,422 ft²
$5,500 /mo
- 2 Beds
- 2 Baths
- 2,073 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017