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226 Oleander Avenue
About This Property
Combine with the available lot next door for a 8,502 SF lot.
Zoning permits a ~2,500 SF structure on a single lot or up to a 4,500+ SF single family home on the combined lot. All dependent on use of outdoor space and approval from ARCOM and Town Council.
Seller financing would be considered.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2024 | Listed by The England Group | $2,750,000 | |
| Listed by The England Group | |||
| Jan 30, 2024 | No longer available | - | |
| No longer available | |||
| Jan 6, 2024 | Price Decreased |
$3,900,000
↓ $350K
(8.2%) | |
| Price Decreased | |||
| Apr 25, 2023 | Listed by Compass Florida, LLC | $4,250,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
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Amazing land opportunity In-Town! Buy this property and the property next to it. Build an income producing multifamily property, a single family home, or combine with 216 Oleander Ave for a 8,500+ square foot lot. The options are endless. This unbeatable In-Town location offers walkability to the beach, lake trail, shopping, and dining!
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Property Highlights
Building Info
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Price/ft²
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About Jeanette Court
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,000 /mo
- 3 Beds
- 1 Bath
- 1,296 ft²
$7,750 /mo
- 3 Beds
- 2 Baths
- 1,835 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017