222 N E Street
About This Property
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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.
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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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Jul 3, 2024 | Listed by Southdale Properties Inc. | $282,000 | |
| Listed by Southdale Properties Inc. | |||
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GREAT LOCATION in LAKE WORTH BEACH!... TWO BLOCKS NORTH OF LAKE AVENUE!!! Constructed in 1953, this charming home is mightily well-built, robustly restored, and properly updated. Attractive neutral ceramic tile floors throughout, sleek contemporary kitchen, and a versatile bonus room which can serve as a third bedroom. Washer and dryer too! This property's zoning category is the highly-favorable ''SF-TF-14,'' enabling increased density / living-space to be added, on the remarkably deep lot. Pleasing fenced-in, landscaped yard. A reasonably priced house, abundant with attributes, JUST MINUTES FROM THE BEACH! What a fantastic find!
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| Apr 13, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by Illustrated Properties LLC | $270,000 | |
| Listed by Illustrated Properties LLC | |||
Property Highlights
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About Tropical Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017