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400 NE 3rd St
About This Property
Located in a highly desirable area of Old Pompano, just a few miles from the beach and conveniently close to excellent restaurants, shopping, pharmacies, hospitals, and more. Whether you're looking to expand your investment portfolio or acquire a property with established rental income, this is an opportunity you won't want to miss.
Schedule your private showing today and discover the potential this property has to offer!
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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 |
|---|---|---|---|
| Aug 20, 2026 | Listed by Elite Sales Group | $778,000 | |
| Listed by Elite Sales Group | |||
| Dec 27, 2025 | Listed | $950,000 | |
| Listed | |||
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Amazing property for investment. Compound ready to make money- Main house has 1 apartment with one 1/1, and 3 studios, additionally a garage converted into 2 studios, and one trailer in the back of the house with 2/2 all furnished and rented. If you are looking for a property to make money this is it. Schedule a showing and you can see it, plus premium location a couple miles from the beach and close to amazing restaurants, shopping, pharmacies, hospitals, and more. Old Pompano fantastic house.
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| Jun 26, 2018 | Sold | ||
| Sold | |||
| May 10, 2018 | Listed by Elite Sales Group | $320,000 | |
| Listed by Elite Sales Group | |||
| Aug 23, 2013 | Sold | ||
| Sold | |||
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About Edgewood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017