3841 NE 23rd Avenue
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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%.
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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 5, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | Listed by CENTURY 21 Tenace Realty | $799,000 | |
| Listed by CENTURY 21 Tenace Realty | |||
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Awesome move in ready home in Lighthouse Point! 4/2 with its own/separate laundry room with extra storage, updated kitchen, with bar area, SS appliances. Large backyard with room for a pool. Plantation shutters throughout, walk in master closet, separate family, living and dining areas. 4 bedrooms, 2 bathrooms with part of the oversized garage currently being used as a bonus room that can be used as a 4th bedroom (air-conditioned, with closet and door to outside) or office but can be easily converted back. However, 2 small cars can still fit in the garage as-is. Hurricane protection throughout, updated electrical panels and good condition roof for easy home insurance. Close to parks and restaurants.
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| Mar 8, 2023 | No longer available | - | |
| No longer available | |||
| Feb 1, 2023 | Price Decreased |
$809,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Dec 3, 2022 | Price Decreased |
$819,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
Property Highlights
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About Lighthouse Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017