45
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371 SE 5th Avenue
About This Property
Step out back to your fully screened in porch that overlooks the pool & long canal view. Pool resurfaced in 2016 with diamond brite, newer pool equipment, salt water system, and color changing LED light. Take your boat out for a spin with easy access to restaurants & the intracoastal. High clearence bridge to be raised to the height of federal hwy bridge. Close proximity to all new dining & shopping along Pompano Beach.
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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 9, 2021 | Sold | ||
| Sold | |||
| Apr 14, 2021 | Listed by Hudson Realty Of The Plm Bchs | $710,000 | |
| Listed by Hudson Realty Of The Plm Bchs | |||
| Jan 30, 2014 | Sold | ||
| Sold | |||
| Jul 8, 2013 | Listed by American Realty & Invst Corp | $299,900 | |
| Listed by American Realty & Invst Corp | |||
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Ready for a new owner! Not a Short Sale or a Foreclosure! Two bedroom Two bathroom, Waterfront, Pool home. This property has a great layout and ready for your personal touches/upgrades. This home is on a quiet Dead end street close to shopping and the Be ach. The Ocean is only a 30 minute boat ride via the Hillsboro inlet. The property boasts a very large tropical backyard to enjoy the sunsets. A one car carport and circular driveway provide plenty of parking. Hurry this property will not last long.
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About Garden Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017