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3390 Coral Place
About This Property
New electrical, walls, floors, paint etc. Brand new pool house and swimming pool hot tub. No expense spared with a raised ceiling in the main living area, icynene insulation, completely redone bathrooms, reconfigured kitchen with elite appliances. Built in wine fridge with refrigerated drawer and ice in the bar area. All impact windows featuring pocketed sliders in the kitchen area, primary bedroom and pool house. New flooring throughout with a spacious laundry room and 1 car garage. Spacious corner lot with bonus space beside the house for boat/RV or a garden. Walk to multiple local restaurants and your community park right on the intracoastal. Extremely well located east of US 1 close to beaches, state parks, country clubs and mor
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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 |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Mar 17, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | Price Decreased |
$1,995,000
↓ $255K
(11.3%) | |
| Price Decreased | |||
| Jan 25, 2025 | Price Decreased |
$2,249,900
↓ $50K
(2.2%) | |
| Price Decreased | |||
| Nov 13, 2024 | Price Increased |
$2,299,900
↑ $305K
(15.3%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017