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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 7, 2021 | Sold | ||
| Sold | |||
| Jul 27, 2021 | No longer available | - | |
| No longer available | |||
| Jul 21, 2021 | Listed by Realty Pros of South Florida, Inc. | $399,000 | |
| Listed by Realty Pros of South Florida, Inc. | |||
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This is a diamond in the rough for sure This is a very large 3/2.5 that needs work. On the plus size, there is newer (less than 5 year old) barrel roof, a 2 year old AC and hot water heater, and hurricane windows and sliders. This house was under reconstruction when the owner took ill and passed. Similar homes have sold into the upper 400's. The manager has listed the unit size as 2442 square feet.
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| Dec 16, 2013 | Sold | ||
| Sold | |||
| Jul 17, 2013 | Listed by Home Solutions Real Estate Ser | $245,000 | |
| Listed by Home Solutions Real Estate Ser | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017