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39 Montilla Ave
About This Property
The home features 2 bedrooms plus a versatile third room currently used as a home office, along with 2 beautifully appointed full bathrooms. Every detail has been carefully considered to create an effortless living experience, from the functional layout to the stylish finishes throughout. Hardwood floors throughout entire floorplan are original to the property and have been beautifully restored.
Step outside to enjoy a private outdoor oasis complete with patio, outdoor kitchen, and additional storage room-perfect for entertaining or relaxing year-round. The spacious backyard is free of large trees but surrounded by a privacy hedge, offering endless potential for a future pool and possible expansion of the property. NOT ON SEPTIC TANK, side yard has room for boat storage. Situated on a quiet, historic Gables street with ample off-street parking for residents and guests, this home is truly a rare find. A property that must be seen in person to fully appreciate its charm, warmth, and exceptional attention to detail. Please review broker remarks.
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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 |
|---|---|---|---|
| Oct 19, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | Listed by Florida Capital Realty | $1,050,000 | |
| Listed by Florida Capital Realty | |||
| Nov 24, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed by Global G Real Estate Corp. | $499,000 | |
| Listed by Global G Real Estate Corp. | |||
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Recently Repriced! For those who will not sacrifice Location, Authenticity and Comfort, we invite you to see this property that has kept the originality of a Gables house exterior with all the luxury features of the modern life inside. A charming Gables home that offers a kitchen to dream of, open floor plan saturated with natural light, glorious hardwood floors, outstanding materials and details throughout, innovative design and a phenomenal location. From here, you can stroll to the numerous restaurants and art galleries the Gables is known for & also walk to shops, parks, grocery store & access to public transportation and the cultural life of Miami. Don’t miss the opportunity to own it. The manager has listed the unit size as 1056 square feet.
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| Jul 24, 2017 | Sold | ||
| Sold | |||
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About Flagler
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017