309 COCONUT GROVE
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 |
|---|---|---|---|
| Dec 3, 2019 | Sold | ||
| Sold | |||
| Jul 19, 2017 | Sold | ||
| Sold | |||
| May 16, 2016 | Listed by RE/MAX UNLIMITED | $369,000 | |
| Listed by RE/MAX UNLIMITED | |||
| Jan 11, 2015 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $399,900 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
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Lovely well cared for home in South Beach. Formal living & dining rooms, Screened patio,Eat in kitchen,Tile flooring throughout. Large family room with built ins and wood burning fireplace. Glamour bath in master with garden tub,double sinks and walk in closets. South Beach community offers private beach access.
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| Jun 21, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017