68
Map
348 Las Olas Drive
About This Property
Private Beach access , Private pier on the Indian River and Multi use/Tennis courts are all just a short stroll from your door. After the beach, rinse off in your outdoor shower and take a dip in your fully screened pool or just sit back in the shade of the Trussed Lanai overlooking your private fenced back yard oasis. Inside, the home features a great open floorplan with soaring cathedral ceilings and lots of natural light. Large master bedroom with walk in closet has sliding glass doors out to the pool deck. Exterior recently painted and beautifully landscaped . Accordion and Ballistic cloth storm shutters make securing this home effortless. Make your Beach House dream come true!
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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 |
|---|---|---|---|
| Jan 6, 2023 | Sold | ||
| Sold | |||
| Oct 7, 2022 | Listed by Premium Properties Real Estate | $529,990 | |
| Listed by Premium Properties Real Estate | |||
| Jul 22, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed by Premium Properties Real Estate | $359,000 | |
| Listed by Premium Properties Real Estate | |||
| Nov 16, 1995 | Sold | ||
| Sold | |||
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About La Costa Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017