253 Rex PLACE #C
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%.
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 2, 2022 | Sold | ||
| Sold | |||
| Jan 11, 2022 | Listed by COLDWELL BANKER REALTY | $389,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| | |||
|
Adorable short term rental unit is being sold completely furnished with a calendar full of future bookings. This one bedroom, one bath condo is a terrific income maker or could be a super fun beach getaway located in the coveted Madeira Beach Yacht Club. 7 Day rental minimum, great vacation location. Newer Kitchen with porcelain tile flooring, raised panel cabinets, Corian counters and stainless steel appliances. Newly updated bathroom with full size stackable washer/dryer. Beachy, fun furnishing throughout with engineered wood flooring in the living room and bedroom. Spacious Florida Room with outdoor private grilling area. Madeira Beach Yacht Club boasts two heated pools, sauna, hot tub, fitness center, game room, and 4 fishing piers with sweeping views of the Intracoastal Waterway. Recent updates include AC in 2021, Water Heater in 2016 Call today to learn more about this great property.
| |||
| Nov 8, 2021 | Sold | ||
| Sold | |||
| Oct 4, 2021 | Listed by CENTURY 21 COAST TO COAST | $349,900 | |
| Listed by CENTURY 21 COAST TO COAST | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/12/2025
|
1 Bed
|
1 Bath
|
755 ft²
|
$350,000
1 Bed
1 Bath
755 ft²
|
$340,000
-2.86%
10/22/2025
|
Chris Remmert
CENTURY 21 EXECUTIVE TEAM
| |
|
03/27/2022
|
1 Bed
|
2 Bath
|
755 ft²
|
$489,000
1 Bed
2 Bath
755 ft²
|
$489,000
05/13/2022
|
Chris Remmert
CENTURY 21 EXECUTIVE TEAM
| |
|
10/04/2021
|
1 Bed
|
1 Bath
|
430 ft²
|
$349,900
1 Bed
1 Bath
430 ft²
|
$357,000
+2.03%
11/08/2021
|
Karin Zimmerman
CENTURY 21 COAST TO COAST
| |
|
05/09/2020
|
1 Bed
|
2 Bath
|
755 ft²
|
$245,000
1 Bed
2 Bath
755 ft²
|
$237,000
-3.27%
06/29/2020
|
Amberly McWilliams
DOUGLAS ELLIMAN
| |
|
02/18/2019
|
1 Bed
|
2 Bath
|
755 ft²
|
$256,000
1 Bed
2 Bath
755 ft²
|
-
-
|
Denise Champagne
CENTURY 21 RE CHAMPIONS
| |
|
09/16/2018
|
1 Bed
|
2 Bath
|
755 ft²
|
$207,900
1 Bed
2 Bath
755 ft²
|
-
-
|
Jan Adams
LUXURY & BEACH REALTY INC
| |
|
06/21/2018
|
1 Bed
|
2 Bath
|
755 ft²
|
-
1 Bed
2 Bath
755 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017