375 N Biscayne River Drive
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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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Listed by Realty 100 Associates Inc | $724,000 | |
| Listed by Realty 100 Associates Inc | |||
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Spacious 3 bed, 2.5 bath pool home on a rare 3/4-acre lot in a desirable location. Featuring a 2-car garage, this property offers incredible potential with a bit of TLC. Perfect for those looking to renovate and create their dream home! Enjoy the expansive yard, pool area, and the convenience of nearby amenities. A fantastic opportunity for investors or buyers ready to customize a home to their style. Sold AS-IS, this diamond in the rough won’t last long!"
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About Golden Glades
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017