245 NE Macarthur Boulevard #8
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/02/2024
|
2 Bed
|
2 Bath
|
1310 ft²
|
$580,000
2 Bed
2 Bath
1310 ft²
|
$505,000
-12.93%
08/08/2025
|
Vanessa Xanthovla Bornstein PA
RE/MAX Select Group
| |
|
01/24/2024
|
3 Bed
|
3 Bath
|
1600 ft²
|
$1,015,000
3 Bed
3 Bath
1600 ft²
|
$940,000
-7.39%
04/26/2024
|
David M. Fleishman
Current Properties
| |
|
11/27/2023
|
2 Bed
|
2.5 Bath
|
1310 ft²
|
$650,000
2 Bed
2.5 Bath
1310 ft²
|
-
-
|
Melissa Noyes
Premier Realty Group Inc
| |
|
02/21/2023
|
3 Bed
|
3.5 Bath
|
1600 ft²
|
$885,000
3 Bed
3.5 Bath
1600 ft²
|
$820,000
-7.34%
06/09/2023
|
Mark Benedetto
Premier Realty Group
| |
|
01/01/2023
|
2 Bed
|
2 Bath
|
1310 ft²
|
$675,000
2 Bed
2 Bath
1310 ft²
|
$660,000
-2.22%
03/01/2023
|
Margaret Shinnebarger
Berkshire Hathaway Florida Realty
| |
|
02/10/2021
|
2 Bed
|
2 Bath
|
1310 ft²
|
$379,900
2 Bed
2 Bath
1310 ft²
|
$385,000
+1.34%
04/01/2021
|
Carisa Bravoco
RE/MAX of Stuart
| |
|
01/15/2021
|
2 Bed
|
2 Bath
|
1310 ft²
|
$422,900
2 Bed
2 Bath
1310 ft²
|
$400,100
-5.39%
03/12/2021
|
Jeremy Marsh
Water Pointe Realty Group
| |
|
12/17/2020
|
2 Bed
|
3 Bath
|
1310 ft²
|
$399,900
2 Bed
3 Bath
1310 ft²
|
-
-
|
Johnnie Nelson
Premier Brokers International
| |
|
10/17/2019
|
2 Bed
|
2 Bath
|
1310 ft²
|
$389,888
2 Bed
2 Bath
1310 ft²
|
-
-
|
-
| |
|
08/07/2019
|
2 Bed
|
3 Bath
|
1310 ft²
|
$385,000
2 Bed
3 Bath
1310 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
1310 ft²
|
$300,000
2 Bed
2 Bath
1310 ft²
|
-
03/17/2020
|
Jason Flannery
RE/MAX of Stuart
| |
|
06/03/2019
|
2 Bed
|
3 Bath
|
1310 ft²
|
$399,000
2 Bed
3 Bath
1310 ft²
|
-
-
|
-
| |
|
03/27/2019
|
2 Bed
|
2 Bath
|
1310 ft²
|
$425,000
2 Bed
2 Bath
1310 ft²
|
$400,000
-5.88%
06/11/2019
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
07/07/2017
|
2 Bed
|
2 Bath
|
1310 ft²
|
$315,000
2 Bed
2 Bath
1310 ft²
|
$300,000
-4.76%
09/01/2017
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
04/25/2016
|
2 Bed
|
2 Bath
|
1310 ft²
|
$309,000
2 Bed
2 Bath
1310 ft²
|
$300,000
-2.91%
08/19/2016
|
Jennifer Atkisson-Lovett
RE/MAX of Stuart
| |
|
02/18/2016
|
2 Bed
|
2 Bath
|
1310 ft²
|
$325,000
2 Bed
2 Bath
1310 ft²
|
$305,000
-6.15%
04/25/2016
|
Jeff J Clark
Coldwell Banker Realty
| |
|
04/17/2015
|
2 Bed
|
2 Bath
|
1310 ft²
|
$369,500
2 Bed
2 Bath
1310 ft²
|
$360,000
-2.57%
06/26/2015
|
Tracey Resendez
HSC Realty Inc
| |
|
04/03/2015
|
3 Bed
|
3 Bath
|
1500 ft²
|
$479,000
3 Bed
3 Bath
1500 ft²
|
$450,000
-6.05%
04/30/2015
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
11/07/2014
|
2 Bed
|
2 Bath
|
1600 ft²
|
$379,000
2 Bed
2 Bath
1600 ft²
|
$345,000
-8.97%
12/08/2014
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
04/21/2014
|
2 Bed
|
2 Bath
|
1310 ft²
|
$279,900
2 Bed
2 Bath
1310 ft²
|
$256,000
-8.54%
06/10/2014
|
Michael Mazur
Beach Front Mann Realty/Stuart
|
Building Info
- 1 Unit for Sale
About South Hutchinson Island
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$6,000 /mo
- 2 Beds
- 2 Baths
- 1,269 ft²
$5,500 /mo
- 2 Beds
- 2 Baths
- 970 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017