50
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42 SE 10th Ter
About This Property
The property features over 3,146 sq. ft. of living area, consisting of a single-family house with a detached 1/1 unit in the back. The main house offers 5 bedrooms and 3 full baths, while the back unit provides 1 bedroom and 1 bath. It is currently rented as 3 units, all on annual leases.
Perfect for investors! Gross annual income is $81,600 with minimal maintenance expenses. Everything is brand new, including the roofs, impact windows, electrical panels, plumbing, kitchens, bathrooms, porcelain tile floors, and appliances. Motivated seller! Please text the listing agent for questions and showings.
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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 1, 2025 | Listed by Xcellence | $896,000 | |
| Listed by Xcellence | |||
| Apr 29, 2025 | Price Decreased |
$896,000
↓ $93K
(9.4%) | |
| Price Decreased | |||
| Feb 1, 2025 | Listed | $989,000 | |
| Listed | |||
| | |||
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All permitted totally renovated income producing property east of federal in the beautiful city of Dania beach, close to everything , airport ,beach , Dania points and all major highways . over 3146 sf living area , everything is new ! , roof, impact windows, electrical panels ,plumbing and a/c systems . gross income is $80,400 with minimum expenses on maintenance , better return if operated as RBNB ! you can't go wrong with this great investment property . please text listing agent for questions and showing .
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| Nov 1, 2023 | Sold | ||
| Sold | |||
| Oct 14, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017