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2110 Keystone Blvd
About This Property
This completely remodeled home offers 5 bedrooms, 3 full bathrooms, and a guest half bath. It features a brand-new roof, impact windows, and all-new plumbing and electrical systems throughout, along with brand-new bathrooms and kitchen.
Comfort and efficiency come standard: three independent A/C units for personalized climate control in every zone, a whole-house water filtration system, and fast chargers for two electric vehicles at the same time. The entire home is wired with RJ45 Ethernet and has fiber-optic internet installed, ideal for working from home, streaming, and smart-home devices.
Outside, the extended patio includes a lounge area and dining space for 12. The new grill station, with refrigerator and countertop, is ideal for charcoal and wood-fired barbecues.
A true paradise in the middle of the city, just minutes from Bal Harbour Shops, Aventura, Publix, Whole Foods, and a wide selection of restaurants and shopping. Residents also have access to some of the area's top-rated private and public schools.
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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.
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About North Miami
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017