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29 SE 8th Avenue
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 18, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 13, 2025 | Listed | $699,000 | |
| Listed | |||
| | |||
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Welcome to 29 SE 8th Avenue -- where coastal charm meets Palm Beach style, all at an incredible value! This stunning 3-bedroom, 3-bath home has been beautifully updated and meticulously maintained with all the right upgrades: a brand-new roof (2023), a redesigned open kitchen (2023) with newer appliances, new A/C ducts, impact windows and doors, fresh paint, and even an air-conditioned garage. Move right in and start enjoying the South Florida lifestyle from day one! Your backyard is a true private paradise, featuring a custom tiki hut with a full summer kitchen and bar, and a sparkling heated pool surrounded by lush tropical landscaping -- perfect for entertaining, relaxing, or soaking up the sun.
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| Sep 30, 2025 | Relisted | $699,000 | |
| Relisted | |||
| Aug 23, 2025 | In contract | - | |
| In contract | |||
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About Deerfield Beach Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017