2349 NE 24th 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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Price Decreased |
$5,425,000
↓ $50K
(0.9%) | |
| Price Decreased | |||
| Jan 16, 2026 | Listed by RE/MAX First | $5,475,000 | |
| Listed by RE/MAX First | |||
| |||
|
Newer construction just 4 minutes to the ocean! High-end finishes from top to bottom with all custom-made cabinetry and Wolf & Sub-Zero appliances. Expansive covered outdoor living includes a summer kitchen under the downstairs lanai and a massive primary suite balcony with both covered space and a private open-air sun deck. Nearly 1,200 sq ft 4-car garage offers room for all your toys. Propane supplies the whole-house generator, Rinnai tankless water heater, gas range, grill, and two fire pits. Dedicated space for a future elevator. Concrete dock with power stanchion. Opportunity to add on in the future to increase living space and build instant equity. Skip the hassles of building—this turnkey home is ready now and OWNER FINANCING AVAILABLE!
| |||
| Aug 25, 2025 | Price Decreased |
$5,495,000
↓ $200K
(3.5%) | |
| Price Decreased | |||
Property Highlights
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About Lighthouse Point
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,900 /mo
- 3 Beds
- 3 Baths
- 1,891 ft²
$7,500 /mo
- 2 Beds
- 2 Baths
- 1,249 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017