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2340 NE 47TH Street
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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 |
|---|---|---|---|
| Oct 25, 2026 | Listed by LoKation | $3,650,000 | |
| Listed by LoKation | |||
| Mar 11, 2021 | Sold | ||
| Sold | |||
| Dec 16, 2020 | Listed by EXP Realty LLC | $2,399,000 | |
| Listed by EXP Realty LLC | |||
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Over $223,000 in improvements! Palm Beach-inspired deepwater estate w/ 80+/- ft dock located on the Alamada waterway in prestigious Lighthouse Point. Stately Cypress doors beckon you into the grand foyer w/ sweeping staircase. This luxurious architect-designed residence totals 6,490 SF, enjoying double height ceilings and French doors. Lavish Owners Suite offers spa-like Bath w/his & hers walk-in closets, private Office & Balcony, canal VIEWS! Large VIP Suite on main level for 2nd Owners Suite. Enjoy outdoor entertaining w/the renovated resort Pool w/spill over Spa & chair Deck. Gorgeous travertine tile, NEW Summer Kitchen, covered Lanai overlook lush landscaping and canal +NEW dock lighting complete this tranquil setting. Fully equipped Dock w/ wave runner Lift. Just minutes to the ICW. Winding along miles of scenic waterways off the intracoastal, across from the historic Hillsboro Lighthouse on the Hillsboro Inlet to the Ocean, Lighthouse Point offers a relaxed waterfront lifestyle with special appeal for boaters. Facing south on the tree-lined Alamada Waterway, this custom-built estate is beautifully designed to epitomize the best of living in prestigious Lighthouse Point. Signature elements of Palm Beach architecture are used to give the 6-Bedroom residence a warm elegant presence on tropical landscaped grounds. Inside, fine finishes and a well-arranged floor plan create a comfortable feel and flow, centered on a great room that opens on either side to the Dining Room and Club Room in an excellent layout for entertaining. Bringing in waterfront views, french doors open to the garden terrace, served by a NEW summer Kitchen for alfresco dining by the pool. The luxurious accommodations include a 1st fl VIP guest suite, in addition to the grand owners suite upstairs, opening to a balcony overlooking the waterfront, where the full-service deepwater dock brings this exceptional estate to completion.
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| Oct 9, 2020 | No longer available | - | |
| No longer available | |||
| Sep 10, 2020 | Price Decreased |
$2,399,000
↓ $100K
(4%) | |
| Price Decreased | |||
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About Lighthouse Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017