39
Map
220 Michael Avenue
About This Property
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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 |
|---|---|---|---|
| Jan 14, 2026 | Sold | ||
| Sold | |||
| Dec 13, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2025 | Price Decreased |
$349,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Nov 4, 2025 | Listed by Elite Realty FL | $355,000 | |
| Listed by Elite Realty FL | |||
| | |||
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Enjoy sunny Florida living with your own private pool and outdoor escape! This updated home is move-in ready and filled with thoughtful upgrades. The kitchen features charming cabinetry, granite countertops, brand-new stainless steel appliances. No carpet, LVP flooring will guide you through-out the open living spaces & stylish bathrooms. The heated and cooled four-season Florida room adds 427 sq ft to the freshly painted 1,488 sqft home. Entertain guests under the gazebo or by the fire pit. Park your camper conveniently with a dedicated 30-amp RV hookup. Just 6 miles from the beach and Hurlburt field.
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| Dec 17, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017