2640 NE 41st 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%.
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 |
|---|---|---|---|
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2021 | Listed by RE/MAX First | $4,195,000 | |
| Listed by RE/MAX First | |||
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Contemporary new construction home located on 100 feet of water with highly desired Southern exposure! Enjoy water views in every direction from your new home located in between 2 canals. This contemporary design features an open first floor plan with 5 bedrooms, pantry, laundries on both floors, 3 car garage, and is elevator ready. The outdoor living space includes a summer kitchen with retractable awning overlooking the contemporary pool and a concrete dock covered with the same paver material as the pool deck, extending your living space all the way to the waterfront. Reserve today and pick the finishes to customize this home and make it your own!
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| Mar 30, 2021 | Sold | ||
| Sold | |||
| May 16, 2018 | Sold | ||
| Sold | |||
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About Lighthouse Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017