26
Map
405 FLAGLER Boulevard #5A
About This Property
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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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Aug 5, 2026 | In contract | - | |
| In contract | |||
| Jul 26, 2026 | Price Decreased |
$235,000
↓ $14K
(5.4%) | |
| Price Decreased | |||
| Apr 15, 2026 | Price Decreased |
$248,500
↓ $14K
(5.3%) | |
| Price Decreased | |||
| Sep 18, 2025 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $262,500 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/18/2025
|
2 Bed
|
1 Bath
|
900 ft²
|
$262,500
2 Bed
1 Bath
900 ft²
|
$228,000
-13.14%
09/04/2026
|
RYAN BURKHARDT
ONE SOTHEBY'S INTERNATIONAL REALTY
| |
|
03/04/2024
|
2 Bed
|
1 Bath
|
900 ft²
|
$225,000
2 Bed
1 Bath
900 ft²
|
$225,000
05/09/2024
|
WILLIAM MILLER
FLORIDA HOMES REALTY & MTG LLC
| |
|
09/15/2023
|
1 Bed
|
1 Bath
|
644 ft²
|
$225,000
1 Bed
1 Bath
644 ft²
|
$215,000
-4.44%
12/11/2023
|
Kristen White
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
07/21/2023
|
1 Bed
|
1 Bath
|
680 ft²
|
$225,900
1 Bed
1 Bath
680 ft²
|
$225,900
08/31/2023
|
BONNE JONES
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
| |
|
06/22/2023
|
2 Bed
|
2 Bath
|
1098 ft²
|
$354,900
2 Bed
2 Bath
1098 ft²
|
$340,000
-4.20%
08/09/2023
|
DJ DELLA SALA
DJ & LINDSEY REAL ESTATE
| |
|
06/19/2023
|
1 Bed
|
1 Bath
|
645 ft²
|
$177,000
1 Bed
1 Bath
645 ft²
|
$195,000
+10.17%
07/10/2023
|
TERESA EATON PA
KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
| |
|
08/22/2021
|
2 Bed
|
2 Bath
|
1098 ft²
|
$250,000
2 Bed
2 Bath
1098 ft²
|
$255,000
+2.00%
09/07/2021
|
Justin Petrucci
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
07/29/2020
|
2 Bed
|
1 Bath
|
900 ft²
|
$169,900
2 Bed
1 Bath
900 ft²
|
$155,000
-8.77%
12/02/2020
|
Noah Bailey
Keller Williams St Augustine
| |
|
04/30/2020
|
1 Bed
|
1 Bath
|
680 ft²
|
$169,000
1 Bed
1 Bath
680 ft²
|
-
-
|
-
| |
|
08/15/2019
|
2 Bed
|
2 Bath
|
1098 ft²
|
$195,000
2 Bed
2 Bath
1098 ft²
|
$195,000
10/23/2019
|
Luke Newcomer
THE NEWCOMER GROUP
| |
|
06/17/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$197,000
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
02/13/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$169,000
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
07/16/2018
|
2 Bed
|
1 Bath
|
900 ft²
|
$169,000
2 Bed
1 Bath
900 ft²
|
$160,000
-5.33%
08/13/2019
|
Sherrie Guenther
Coldwell Banker Premier Properties
| |
|
04/09/2018
|
2 Bed
|
2 Bath
|
1098 ft²
|
$149,900
2 Bed
2 Bath
1098 ft²
|
$149,900
06/04/2018
|
DJ DELLA SALA
DJ & LINDSEY REAL ESTATE
| |
|
06/20/2015
|
2 Bed
|
1 Bath
|
900 ft²
|
$89,000
2 Bed
1 Bath
900 ft²
|
$85,000
-4.49%
12/03/2015
|
DAVID KFOURY
ENDLESS SUMMER REALTY
| |
|
08/08/2008
|
2 Bed
|
1 Bath
|
900 ft²
|
$104,900
2 Bed
1 Bath
900 ft²
|
$99,000
-5.62%
10/24/2008
|
BOB ATKINS
CENTURY 21 Atkins Realty, Inc.
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017