3547 Charles 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 |
|---|---|---|---|
| May 31, 2024 | No longer available | - | |
| No longer available | |||
| Apr 19, 2024 | Listed | $709,900 | |
| Listed | |||
| | |||
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Located in storied Coconut Grove, this well-maintained 5,000 square foot lot boasts a majestic shade tree and native fauna, creating a tranquil oasis. As you explore the area, you may encounter peacocks as they freely roam on your stroll to CocoWalk and many renowned shops and restaurants. Just minutes away from Coral Gables, this location offers convenience and accessibility. Moreover, this property falls within an opportunity zone, presenting the perfect chance to build your dream home or make a wonderful investment in a fantastic location.
| |||
| Aug 3, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by The Duval Collective | $399,900 | |
| Listed by The Duval Collective | |||
| Mar 5, 2021 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Southwest Coconut Grove
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$3,300 /mo
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$7,450 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017