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385 Hamlin Avenue
About This Property
located in ''Safest City in Florida'', with
excellent schools & close to the beach!
MOVE IN READY! Brand new roof, new laminated flooring, 5.25'' baseboards, gorgeous renovated baths with granite counters, new solid wood kitchen cabinets, granite counters, new appliances, new lighting fixtures, huge new screened porch, fireplace,
new landscaping & sprinkler system,
freshly painted inside & out, foundation
has been stabilized & is under warranty! See it today, in person or by virtual tour!
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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 |
|---|---|---|---|
| Nov 3, 2020 | Sold | ||
| Sold | |||
| Jun 7, 2020 | Listed by Atlantis Real Estate of Brev. | $390,000 | |
| Listed by Atlantis Real Estate of Brev. | |||
Property Highlights
Building Info
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Price/ft²
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About Michigan Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017