3640 SE Lower Street
About This Property
No HOA!
Property to go through probate , foreign seller.
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Cap Rate Calculator
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 26, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | Listed by West Third Real Estate LLC | $497,500 | |
| Listed by West Third Real Estate LLC | |||
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The home is now BEAUTIFULLY STAGED! Come and experience the property as it could be when you make it your own. BRAND NEW, Custom Built Home nestled at the end of a serene, private street, free from HOA restrictions. This modern farmhouse boasts premium features, including a solid poured concrete stem wall foundation, decorative stucco bands, and Miami-Dade Rated Impact glass and doors throughout. With Icynene spray foam insulation and insulated interior walls, energy efficiency is maximized, reducing insurance costs to around $1700 annually. Custom covered front porch and back patio/lanai, perfect for entertaining. Spacious kitchen features quartz countertops, a large farmhouse sink, custom hood vent, pot filler, and extra island cabinetry. Plenty of space for a pool!
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| Aug 1, 2022 | Sold | ||
| Sold | |||
| Jan 17, 2022 | Listed by Coldwell Banker Realty | $74,900 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017