218 Alpine Road
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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, 2022 | No longer available | - | |
| No longer available | |||
| Jun 22, 2022 | Listed by Excel Realty, Inc. | $1,595,000 | |
| Listed by Excel Realty, Inc. | |||
| | |||
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Three bedroom 2 bathroom pool home in desired "SoSo" neighborhood. Located just a few steps to the beautiful Intracoastal waterway and Flagler walking paths. This home has complete hurricane protection accordion shutters and new roof in 2016. Move in or tear down and build your dream home on this sought after street! Zoned and walking distance to South Olive Elementary- an A rated elementary school. The manager has listed the unit size as 1526 square feet.
| |||
| Jul 1, 2016 | Sold | ||
| Sold | |||
| Feb 16, 2016 | Listed by Compass Florida LLC | $399,000 | |
| Listed by Compass Florida LLC | |||
| Dec 26, 2002 | Sold | ||
| Sold | |||
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About Edgewater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017