311 SE 3rd 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 |
|---|---|---|---|
| Feb 4, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Sep 22, 2025 | Listed by Compass Florida, LLC | $1,450,000 | |
| Listed by Compass Florida, LLC | |||
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Discover the perfect blend of comfort, privacy, and investment potential with this stunning 2 family home with 4 bedrooms and 3 baths. Thoughtfully designed to accommodate multiple households while maintaining privacy and independence, it offers exceptional value and versatility. This home is just 3 blocks south of the bustling and electric Atlantic Avenue, making walking to restaurants and entertainment very easy and convenient!
| |||
| Mar 24, 2021 | Sold | ||
| Sold | |||
| Aug 28, 2020 | Listed by BEX Realty, LLC | $899,000 | |
| Listed by BEX Realty, LLC | |||
Property Highlights
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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017