222 SE 3rd Place
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 |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed | $1,075,000 | |
| Listed | |||
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Fully renovated, never lived in home in Dania Beach. ACTUAL SQ. FOOTAGE UNDER AIR IS 1999 sq ft after permitted garage conversion. 2ble lot located East of US1. 4 Bedrooms 4 Baths. Separate living room & dining room. Porcelain Tile. Spacious Rooms. Lots of natural light. Impact Windows. New plumbing, PVC SEWERS & electrical. New appliances & water heater. All work done w/ permits. HUGE Pool with Marble Pavers, Large Tiki Hut & plenty of lawn area. New PVC fence. NO HOA & NO rental restrictions. VERY ATTRACTIVE REVENUE POTENTIAL for investors.
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| Jul 7, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | Listed by E-Realty Services Corp. | $589,000 | |
| Listed by E-Realty Services Corp. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017