331 SE 5 Avenue
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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%.
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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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 26, 2024 | Listed by Balistreri Real Estate Inc | $1,550,000 | |
| Listed by Balistreri Real Estate Inc | |||
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Boaters Paradise in Garden Isles!! This Beautiful, Spacious, & Completely Renovated Home Offers a Lifestyle of Luxury. The Open Kitchen Has State of the Art Appliances With An Induction Stove & A Sharp Built-In Microwave. The Dining Room Doors Completely Open Up To A Salt Water Swimming Pool, With A Heating & Cooling System! Master Bedroom Suite Opens Up To A Waterfront Oasis. 2 Additional Bedrooms & Baths Are Perfect For Family & Guests. Porcelain Tiles Throughout The Home. Impact Windows & Doors. New Ductwork & New A/C. Outdoor living space with Travertine Tiles, Wet Kitchen, Gas Grill & Gas Firepit, Along With An Outdoor Fenced-In Shower. Custom Landscaping with Outdoor Lighting, Remote Control Fans & Blinds, & Sound System. Dock Redone 2022. New Boat Lift & So Much More!!!
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| Apr 16, 2021 | Sold | ||
| Sold | |||
| Feb 26, 2021 | Listed by LoKation | $1,100,000 | |
| Listed by LoKation | |||
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Resort style living & entertainer's dream in this 3 bedroom home, each with a private full bathroom. Absolutely stunning, as the photos don't do it justice. Features include tall foyer entry, open contemporary kitchen, top of the line SS appliances, impact windows, sliders, doors, tankless gas water heater, full size wine refrigerator, outdoor kitchen, bar, gas firepit, canvas awnings for shade, Pebbletec pool finish with salt chlorination, white marble/travertine pool deck, private dock with two fixed bridges, large laundry room with sink, lush landscaping, lots of dramatic landscape lighting, outdoor shower, large kitchen island with 36" induction cooktop, double ovens, & microwave drawer. Extra deep storage in back of garage. This one is a WOW! No HOA. Owner is a licensed Florida agent.
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About Garden Isles
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Interstate Realty Inc
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F1333053
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017