20
Map
2240 NE 37th Street
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 |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Listed by Compass Florida, LLC | $475,000 | |
| Listed by Compass Florida, LLC | |||
| Apr 7, 2025 | Listed | $475,000 | |
| Listed | |||
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Exclusive opportunity to purchase half a duplex in desired Lighthouse Point. Active AirBnB license is in place with a great track record. Can be purchased fully furnished. Move-in ready 2 BDs + a den / 2 Baths & a fenced back yard. Updated kitchen & bathrooms. Other features include impact windows & doors, tile flooring throughout, a separate laundry room. The den is fully enclosed and is currently used as a 3rd bedroom. Ideally located within walking distance to restaurants & shopping. No HOA. Great investment opportunity! Can be purchased with the other side of the duplex (2242 NE 37th St). Schedule your showing today before this gem is gone!
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| Apr 14, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Lighthouse Point
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,400 /mo
- 2 Beds
- 2 Baths
- 909 ft²
$2,250 /mo
- 1 Bed
- 1 Bath
- 600 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017