239 CANAL
About This Property
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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 |
|---|---|---|---|
| May 11, 2017 | Sold | ||
| Sold | |||
| Jan 19, 2016 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $280,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
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Seller is offering $15,0000 credit at closing to remove mobile home/shed/barn and hook up septic.
This is one of the few lots on the market that does not need Mitigation work and is not sitting on wetlands. This lot is high/dry, wooded, and not in a flood zone. 1.78 acre lot full of oak, pine, palm, and banana tress to build your dream home. Only minutes from the ocean and Intracoastal Waterway. This lot is located amongst million dollar properties in Palm Valley. Lot frontage is 125'- 636'deep- and rear of lot is 87'.
Please do not walk property without a appointment. Also listed in residential #819328
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| Nov 17, 2005 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $485,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Apr 8, 2004 | Listed by RE/MAX UNLIMITED | $279,000 | |
| Listed by RE/MAX UNLIMITED | |||
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BEAUTIFUL 1.5 ACRE LOT WITH 125 FT. ON CANAL BOULEVARD AND OVER 600 FT. DEEP. MOBILE HOME AND OUT BUILDING SOLD AS IS WITH NO VALUE ATTACHED. WATER AND SEWER ARE AVAILABLE AT THE CURB. THIS PROPERTY IS READY FOR YOU AND YOUR BUILDER.
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About Palm Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017