7
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3308 Washington Road
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 |
|---|---|---|---|
| Oct 3, 2026 | Listed by Douglas Elliman | $1,895,000 | |
| Listed by Douglas Elliman | |||
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Listed by Boardwalk Realty Associates LL | $1,500,000 | |
| Listed by Boardwalk Realty Associates LL | |||
| | |||
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An exceptional opportunity to build your dream home in the sought-after historic Southland Park neighborhood. Just one lot from the Intracoastal, this non-contributing lot allows for a rare chance to tear down and rebuild a brand-new home —normally not permitted in this area. The 6,028 SqFt lot includes approved plans for a 3,000+ SqFt 5-bedroom Pool Home with a Guest House and Rooftop Perch with Intracoastal Views and Palm Beach Island. One minute walk to the intercostal sidewalks and fishing access, walkable to multiple parks and playgrounds in this quaint neighborhood. Enjoy the charm of this historic area with prime access to Palm Beach, Downtown, City Place, The Financial Business District, Flagler Drive, PBI Airport, The Brightline, and easy access to Miami.
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| Mar 25, 2024 | Sold | ||
| Sold | |||
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About Southland Park
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$6,000 /mo
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- 1 Bath
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$8,250 /mo
- 4 Beds
- 3 Baths
- 3,258 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017