2040 OLD DIXIE HIGHWAY
About This Property
One of the standout features of this property is the incredible functionality and versatility it offers. With 4 garage bays, two workshops, and an additional bonus space with AC, there is ample room for hobbies, storage, business equipment, work vehicles, boats, recreational toys, or a personalized workshop setup. Whether you need extra room to spread out, work from home, or simply enjoy having space that is difficult to find in today's market, this property delivers.
The oversized lot provides endless possibilities and the freedom to truly use your property the way you want. Bring your chickens, work truck, RV, or outdoor equipment without the restrictions often found in traditional neighborhoods.
Offering a peaceful setting with everyday convenience, this property is ideal for buyers searching for flexibility, functionality, and room to grow in a highly accessible Auburndale location.
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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 |
|---|---|---|---|
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 20, 2026 | Listed by LA ROSA REALTY PRESTIGE | $269,000 | |
| Listed by LA ROSA REALTY PRESTIGE | |||
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Jun 4, 2022 | Listed by COLDWELL BANKER REALTY | $345,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Here is your rare opportunity to purchase this 3br/2ba restored mid-century home on almost ½ acre with 3 oversized outbuildings! This home has been lovingly restored to keep all the original charm while adding all the needed updates that include new roofs on house and front detached garage, new AC, new drywall, paint, and so much more. Gorgeous terrazzo floors throughout have been revitalized and ready for new homeowners. Original vintage windows add so much light and architectural beauty to every room. Several solid wood built-ins that are also original have been repainted and refreshed, including the entertainment center that houses your included 75" large screen tv perfectly and shelving and storage throughout the home.
This home not only has a bright, open living space but also so many other separate spaces to enjoy. Warm inviting closed front porch as you enter and closed screened back porch overlooking your back yard for relaxing. Side yard has a patio area that is a fantastic outdoor space for entertaining. The two wells have a separate irrigation well that will make it easy to grow your own garden. Large, fenced yard has plenty of space for parking your toys, and so do the extra garages. Front detached garage that matches the home can be entered directly from road with garage door or side entrance from patio area. There are two back outbuildings, one perfect for workshop or storage, and the other with two large garage doors is perfect for parking your toys or for your home-based business.
Central location near the Polk Parkway makes this home convenient to everything. This is definitely a home you don’t want to miss seeing for yourself.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017