405 SE 3rd Terrace
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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 |
|---|---|---|---|
| Jun 7, 2023 | No longer available | - | |
| No longer available | |||
| Jun 6, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | In contract | - | |
| In contract | |||
| Jun 7, 2022 | Price Decreased |
$729,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| May 18, 2022 | Listed by Douglas Elliman | $749,000 | |
| Listed by Douglas Elliman | |||
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Super charming Dania Beach home with the ultimate entertainer backyard featuring a mini golf course to relax from the comfort of your home, large space to enjoy barbeques with family and friends around the heated pool or under the breeze of the covered patio, beautiful night lights around the perfectly landscaped and private backyard.
This house features 3 bedrooms / 2 bathrooms, one of the bedrooms has its own private entrance and ensuite bathroom, perfect for guests or rental income! All impact windows/doors throughout the house, central AC, newer kitchen with granite countertop. One car garage with overhead storage. Extra parking space in your driveway.
Best residential neighborhood only minutes from the beach, airport, Dania Casino and walking distance to Publix and stores! The manager has listed the unit size as 1569 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017