2
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2420 NE 48TH 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%.
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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.
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 |
|---|---|---|---|
| Oct 5, 2026 | Sold | ||
| Sold | |||
| Oct 2, 2026 | Listed by Compass Florida, LLC | $5,250,000 | |
| Listed by Compass Florida, LLC | |||
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 19, 2022 | Listed by Premier Estate Properties Inc. | $5,195,000 | |
| Listed by Premier Estate Properties Inc. | |||
| | |||
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New Coastal-Inspired Deepwater Estate sited on 80' +/- of waterfrontage on the Royal Poinciana Waterway. Designed by Miklos Architecture, this sophisticated chic estate features impressive light-filled interiors from nearly every major room. Second level features large family room/loft accommodating four bedrooms including a luxe master suite. Amenities include impact windows, metal roof, elevator, two laundry rooms, 3 bay garage, cabana bath, waterfront dining and gourmet chef's kitchen with walk in pantry. Outdoor entertaining is enjoyed at the expansive covered loggia and south-facing resort-style pool with spill-over spa. New 80'+/- yacht dock minutes to the Hillsboro Inlet for the avid boater. Coming Summer 2024
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About Lighthouse Point
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$7,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017