2405 SE 6th Street
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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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | No longer available | - | |
| No longer available | |||
| Jun 5, 2024 | Listed by Douglas Elliman | $750,000 | |
| Listed by Douglas Elliman | |||
| Jun 1, 2024 | Price Decreased |
$750,000
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Apr 10, 2024 | Listed by Douglas Elliman | $775,000 | |
| Listed by Douglas Elliman | |||
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Discover the perfect blend of luxury and coastal living in this exquisite 3-bedroom, 2-bathroom oasis in sought-after Pompano Beach. The bright, open floor plan welcomes you with a modern kitchen, complete with stainless steel appliances, quartz countertops, and elegant white cabinetry. The primary bedroom features an ensuite bath with double vanities and a custom mosaic-tiled shower. Every inch of this home has been beautifully renovated. Outside, the tranquil outdoor space, enclosed by privacy fencing, offers relaxation and potential for a pool. With no HOA restrictions, this property is ideal for investors, winter retreat seekers, or those looking for their forever home. Nestled near waterfront dining and pristine beaches, this residence epitomizes the perfect coastal lifestyle. The manager has listed the unit size as 1100 square feet.
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About Santa Barbara Estates
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$9,995 /mo
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$5,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017