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274 Abello Road SE
About This Property
From Exit #173 of I-95 go west on Malabar Road SE. Turn left on San Filippo Drive SE, right on Jupiter Boulevard SE, and left on Eldron Boulevard and right on Abello Road SE. The destination will be on your left.
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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 |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Price Decreased |
$62,900
↓ $7K
(10%) | |
| Price Decreased | |||
| Oct 24, 2025 | Relisted | $69,900 | |
| Relisted | |||
| Sep 20, 2025 | Listed by Cheryl Smith Realty, Inc | $69,900 | |
| Listed by Cheryl Smith Realty, Inc | |||
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HUGE CONSTRUCTION COST SAVINGS ON THIS CITY WATER BEAUTY! THIS PROPERTY HAS BEEN PREVIOUSLY CLEARED AND THE OWNER HAS PAID THE CITY WATER FEES! WHAT A BONUS FOR THE BUYER! NESTLED IN THE POPULAR UNIT 50 NEIGHBORHOOD WITH FEW LOTS ON THE MARKET TO CHOOSE FROM. CLOSE TO AREA SCHOOLS AND PARKS. FOR SHOPPING, HEAD SOUTH TO THE BAYSIDE LAKES COMMERCIAL DISTRICT WHERE YOU WILL FIND A PUBLIX, WALGREENS, DUNKIN, STARBUCKS, RESTAURANTS, HEALTH FIRST COMPLEX AND MUCH MORE! OR, HEAD NORTH TO THE BUSTLING MALABAR RD CORRIDOR PROVIDING A WONDERFUL VARIETY OF BIG NAME STORES, RESTAURANTS, BANKING, I-95 ACCESS AND MANY MORE CHOICES. TAKE A DRIVE BY AND HAVE A LOOK! A PRIOR BUYER DID AN ENVIRONMENTAL STUDY AND FOUND WHAT WAS DESCRIBED AS LIKELY A JUVENILE GOPHER TORTOISE BURROW. THEY STATED THE COST WOULD BE LOWER DUE TO THE SIZE. SEE ATTACHED FROM ATLANTIC ENVIRONMENTAL. PRICE REDUCED TO HELP OFFSET THE COST.
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Property Highlights
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017