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2469 Florida Avenue
About This Property
Fully fenced, mature landscaping, amazing backyard, ideally for families and entertainment, dock to fish off, paved area with a built in bonfire for the few cold nights we have and the highlight is a large Tiki hut with water view and an awesome outdoor seating area. Live the Florida lifestyle being outdoors, entertaining and fishing.
Many opportunities with this house located in a very fast growing and desirable area for new families offering A- rated school district as well.
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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 |
|---|---|---|---|
| Oct 28, 2026 | Sold | ||
| Sold | |||
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Sep 14, 2026 | Price Decreased |
$494,000
↓ $45K
(8.4%) | |
| Price Decreased | |||
| Sep 9, 2026 | Price Decreased |
$539,000
↓ $90K
(14.3%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Increased |
$629,000
↑ $90K
(16.7%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017