3224 Biscayne Boulevard #A3
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Price Decreased |
$339,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Apr 23, 2026 | Price Decreased |
$349,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Mar 12, 2026 | Listed by Atlantic Properties Int'l Inc | $359,000 | |
| Listed by Atlantic Properties Int'l Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/12/2026
|
1 Bed
|
1 Bath
|
763 ft²
|
$359,000
1 Bed
1 Bath
763 ft²
|
$330,000
-8.08%
09/04/2026
|
Mike DePaula
Atlantic Properties Int'l Inc
| |
|
07/15/2019
|
2 Bed
|
1 Bath
|
770 ft²
|
$320,000
2 Bed
1 Bath
770 ft²
|
-
-
|
Mathieu Rochette
Compass Florida, LLC.
| |
|
07/25/2018
|
1 Bed
|
1 Bath
|
544 ft²
|
$280,000
1 Bed
1 Bath
544 ft²
|
-
-
|
Lisset Arenas
Realty One Group Evolution
| |
|
05/29/2018
|
2 Bed
|
1 Bath
|
770 ft²
|
$325,000
2 Bed
1 Bath
770 ft²
|
-
-
|
David Miller
Seacoast Realty, Inc
| |
|
07/30/2017
| |
1 Bed
|
1 Bath
|
544 ft²
|
-
1 Bed
1 Bath
544 ft²
|
-
-
|
-
|
|
06/03/2009
|
2 Bed
|
1 Bath
|
934 ft²
|
$95,000
2 Bed
1 Bath
934 ft²
|
$55,000
-42.11%
10/06/2009
|
Richard Ciriello
Keller Williams Realty CS
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017