2
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3348 NE 29th Avenue
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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Listed by Compass Florida LLC | $2,100,000 | |
| Listed by Compass Florida LLC | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| Nov 27, 2024 | Listed by Compass Florida LLC | $2,100,000 | |
| Listed by Compass Florida LLC | |||
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Discover the pinnacle of waterfront living in the prestigious north end of Lighthouse Point. Nestled on the first canal off Lake Placid, this prime property offers lot dimensions of 80x110 ocean access with no fixed bridges, making it a boater's dream and placing you just minutes from the inlet. Ready to be reimagined into your ultimate oasis. With a timeless design and endless customization opportunities, this rare gem is being offered at land value, presenting a unique chance to craft the perfect luxury retreat. Beyond the property's breathtaking location, you'll enjoy close proximity to parks, top-rated schools, and vibrant local amenities, ensuring convenience and tranquility. Don't miss the chance to create your waterfront masterpiece.
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Property Highlights
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About Lighthouse Point
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$6,900 /mo
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$8,995 /mo
- 5 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017