2401 ANDERSON RD #PH21
About This Property
PRICE REDUCED - available immediately. Less than 5 miles from MIA international airport. In the heart of Coral Gables. Across the street from Granada Golf Course. Walk to Miracle Mile or the Biltmore Hotel. Furnishings negotiable. Easy to Show and Sell now.'
HOA dues were just changed to #1,322.88 to cover the cost of the new roof and repairs in lieu of a lump sum special assessment. Buyer will pay HOA dues after closing. There are no other special assessments pending and building has substantial reserves. Pending contract. Subject to inspections - taking BACK UP OFFERS
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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 31, 2021 | Sold | ||
| Sold | |||
| Aug 17, 2020 | Listed by Florida Equities, LLC | $1,590,000 | |
| Listed by Florida Equities, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/17/2020
|
3 Bed
|
4 Bath
|
2900 ft²
|
$1,590,000
3 Bed
4 Bath
2900 ft²
|
$1,525,000
-4.09%
03/31/2021
|
Rebecca Riley
Florida Equities, LLC
| |
|
02/13/2020
|
3 Bed
|
3 Bath
|
1775 ft²
|
$895,000
3 Bed
3 Bath
1775 ft²
|
-
-
|
Maritza Jacobson
Douglas Elliman
| |
|
09/24/2019
|
3 Bed
|
3 Bath
|
1775 ft²
|
$795,000
3 Bed
3 Bath
1775 ft²
|
$758,000
-4.65%
12/31/2019
|
Maritza Jacobson
Douglas Elliman
| |
|
07/30/2017
| |
3 Bed
|
3 Bath
|
2000 ft²
|
-
3 Bed
3 Bath
2000 ft²
|
-
-
|
-
|
|
04/11/2016
|
3 Bed
|
3 Bath
|
1775 ft²
|
$795,000
3 Bed
3 Bath
1775 ft²
|
$750,000
-5.66%
07/18/2016
|
Rebecca Riley
Florida Equities, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017