3775 Serubi Avenue
About This Property
Featuring a 1/1 configuration with two separate outdoor storage units, each with its own entrance. Located in close proximity to shopping, dining, and just 4 miles from the beach, it offers convenient access to major roads such as I-95, Lake Worth Rd, Haverhill, and Military Trail. Generous parking space for personal vehicles, work-related equipment, boats, and other outdoor toys, the property also includes a nice backyard area.
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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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Oct 26, 2023 | Listed by Compass Florida LLC | $284,900 | |
| Listed by Compass Florida LLC | |||
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About Serubi Court
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Compass Florida LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10930875
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017