3220 NE 23rd Ave
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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 9, 2020 | Sold | ||
| Sold | |||
| Aug 8, 2020 | Listed by LoKation Real Estate | $999,000 | |
| Listed by LoKation Real Estate | |||
| Dec 6, 2019 | No longer available | - | |
| No longer available | |||
| May 18, 2019 | Listed by The Dupree Team / Keyes | $1,000,000 | |
| Listed by The Dupree Team / Keyes | |||
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BACK ON THE MARKET! PRICED TO SELL! -Tropical Paradise minutes from Intracoastal w/ no fixed bridges; sits on 100 ft of deep water, w/ sea wall and dock. This is one of the best waterfront wide lots in LHP, great turning area. Enjoy the spacious covered screened patio & beautiful pool surrounded by travertine patio & wooden deck. In sought-after Lighthouse Point, south of Sample; a large travertine drive leads to the recently upgraded home: 24x24 marble flooring, updated kitchen & baths, crown molding, multiple French Doors, tropical fish tank & state of art entertainment system. Oversized 2-car garage. Expand or build a spectacular dream home on your property. Click the video link to fly above the home with drone footage to best see water location. The property alone is worth the price! The manager has listed the unit size as 2432 square feet.
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| Jan 22, 2019 | Listed | $1,000,000 | |
| Listed | |||
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BACK ON THE MARKET! PRICED TO SELL! -Tropical Paradise minutes from Intracoastal w/ no fixed bridges; sits on 100 ft of deep water, w/ sea wall and dock. This is one of the best waterfront wide lots in LHP, great turning area. Enjoy the spacious covered screened patio & beautiful pool surrounded by travertine patio & wooden deck. In sought-after Lighthouse Point, a large travertine drive leads to the recently upgraded home: 24x24 marble flooring, updated kitchen & baths, crown molding, multiple French Doors, tropical fish tank & state of art entertainment system. Expand or build a spectacular dream home on your property. Click the video link to fly above the home with drone footage to best see water location. Open House Sunday, 12-4pm! NO SHOWINGS UNTIL OPEN HOUSE ON 1-27-19 SUNDAY 12-4pm! The manager has listed the unit size as 3039 square feet.
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About Lighthouse Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017