312 N Florida Drive
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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 |
|---|---|---|---|
| May 11, 2025 | No longer available | - | |
| No longer available | |||
| Dec 5, 2024 | Listed by Compass RE Texas, LLC | $524,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jun 19, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 12, 2024 | Listed by Compass RE Texas, LLC | $589,000 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
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Welcome to your FULLY FURNISHED styled home! This charming property comes complete with furniture and decor, offering a turnkey solution for those seeking comfort and style or an investment opportunity to use as a rental or VRBO. Tall ceiling and large windows allow for tons of natural light. Spacious kitchen with large island. The master is down with dual vanities, large shower and spacious walk-in closet. The covered back porch looks out over the pool size fenced in back yard. Game room and 2 additional bedrooms up. Located within walking distance to the downtown square where there is shopping and entertainment. Everything stays with the property including all of the tv’s, dishes, linens etc.! Property is currently being used as an AirBnB.
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| May 25, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017