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412 20TH AVENUE
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 5, 2026 | Listed by COLDWELL BANKER REALTY | $970,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Jun 26, 2025 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Apr 25, 2025 | Listed | $1,150,000 | |
| Listed | |||
| | |||
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Here's to new beginnings! 412 20th is a rare Intracoastal-front parcel that has not been offered for over 30 years. Nestled at the southern apex of coveted Dolphin Bay and a mere three blocks to the Gulf of Mexico and one of 27 beach access points in Indian Rocks Beach. Poised to meet your desires, join the wave of new construction or restore this adorable 1952 block construction cottage back to its prime. The existing and well built cottage has two bedrooms and one full bath with 1,092 sqft heated and 1,618 sift under roof. Bring your deep water vessel or sailboat as your 47 foot dock leads you out to 7 ft of draft at median high tide. The seawall spans nearly 50 linear feet and moorings are in place to accommodate sailboats and cruisers. The sprawling water views are breath taking with Northern breezes cooling off the hot summer months and arguably the most peaceful and gorgeous sunrises you will find. Natural Mangroves harbor abundant sea life and attract world class inshore sport fish, dolphin, sharks, sea birds, and manatee! Water ski, skurf, or tube right from your backyard! Sunset cruises, waterfront dining, relaxing spoil islands, and the Gulf of Mexico are all an easy boat ride away. Indian Rocks Beach is a thriving beach community determined to stay small. Local seafood fare, surf shops, community garden, baseball field, art center, shopping, and golf cart friendly parking are mere blocks away. Community driven with festivals and events year around and welcoming to all. Easy drive to two international airports, and professional sports stadiums playing host to the Rays, Bucs, Rowdies, and Lightning! Welcome to IRB.
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| Dec 4, 2008 | Sold | ||
| Sold | |||
| May 19, 1994 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017