2305 NW 89th Dr #708
About This Property
This second floor corner unit features, extra windows in both bedrooms, split bedroom plan, new washer & dryer, newer hot water heater and A/C, newer tile in living area Accordion storm shutters and much more! Assigned and guest parking. Beautiful pool area. Low monthly fees! Fantastic Coral Springs location. Shops, restaurants, mall and expressway all close by. Easy to show.
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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 |
|---|---|---|---|
| Sep 4, 2020 | Sold | ||
| Sold | |||
| Jul 22, 2020 | Listed by RE/MAX Advisors | $134,900 | |
| Listed by RE/MAX Advisors | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2023
|
2 Bed
|
2 Bath
|
790 ft²
|
$225,000
2 Bed
2 Bath
790 ft²
|
$220,000
-2.22%
05/05/2023
|
Chris Wilson
UNIVERSAL TRUST PROPERTIES
| |
|
09/27/2020
|
2 Bed
|
2 Bath
|
790 ft²
|
$150,000
2 Bed
2 Bath
790 ft²
|
$150,000
11/10/2020
|
Jessica Curles
Keller Williams Realty CS
| |
|
07/22/2020
|
2 Bed
|
2 Bath
|
790 ft²
|
$134,900
2 Bed
2 Bath
790 ft²
|
$134,900
09/04/2020
|
Tim Byrne
RE/MAX Advisors
| |
|
06/22/2020
|
2 Bed
|
2 Bath
|
790 ft²
|
$159,900
2 Bed
2 Bath
790 ft²
|
$155,000
-3.06%
08/03/2020
|
Melvia Perez-Garcia
Florida Realty of Miami Corp
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
790 ft²
|
-
2 Bed
2 Bath
790 ft²
|
-
-
|
-
|
|
05/30/2017
|
2 Bed
|
2 Bath
|
790 ft²
|
$124,900
2 Bed
2 Bath
790 ft²
|
$115,000
-7.93%
11/09/2017
|
Alan Kushner
CENTURY 21 City Real Estate
| |
|
03/13/2017
|
2 Bed
|
2 Bath
|
790 ft²
|
$115,000
2 Bed
2 Bath
790 ft²
|
$107,000
-6.96%
05/01/2017
|
Claudia Golub
The Keyes Company
| |
|
12/21/2010
|
2 Bed
|
2 Bath
|
-
|
$48,900
2 Bed
2 Bath
|
$48,900
02/17/2011
|
Sue Richards
Century 21 Richards Realty
| |
|
03/24/2010
|
2 Bed
|
2 Bath
|
1100 ft²
|
$59,900
2 Bed
2 Bath
1100 ft²
|
$50,000
-16.53%
06/14/2010
|
Damon Penn
EXP Realty, LLC.
|
Building Info
About Coral Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017