43
Map
2530 NE 48th Street
About This Property
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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.
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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 |
|---|---|---|---|
| Jan 13, 2026 | Listed | $2,400,000 | |
| Listed | |||
| | |||
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This beautifully updated 3-bedroom, 3-bath waterfront home was fully reimagined four years ago, including plumbing, electrical, insulation, and a new roof completed in 2023. The chef’s kitchen features Sub-Zero and Wolf appliances, quartzite countertops, a custom walk-in pantry, and a dedicated laundry room. Additional highlights include impact-resistant windows and sliding glass doors, solid-core interior doors, and neutral luxury vinyl flooring throughout. The primary suite opens to the pool, patio, and garden, creating a private retreat. Enjoy 80 feet of waterfront with no fixed bridges, direct ocean access, and a 14,000-pound boat lift, all just minutes from the Hillsboro Inlet- an ideal setting for boating enthusiasts.
| |||
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Aug 14, 2025 | Price Decreased |
$1,800,000
↓ $75K
(4%) | |
| Price Decreased | |||
| Jul 16, 2025 | Relisted | $1,875,000 | |
| Relisted | |||
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About Lighthouse Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017