420 Sunrise Way
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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 11, 2022 | No longer available | - | |
| No longer available | |||
| Jul 21, 2022 | Price Decreased |
$1,650,000
↓ $100K
(5.7%) | |
| Price Decreased | |||
| Jul 9, 2022 | Price Decreased |
$1,750,000
↓ $2M
(47%) | |
| Price Decreased | |||
| Jun 23, 2022 | No longer available | - | |
| No longer available | |||
| Jun 22, 2022 | Listed by Illustrated Properties LLC (Ju | $3,300,000 | |
| Listed by Illustrated Properties LLC (Ju | |||
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As-is, approved expanded plans or build new with this Juno Beach home on over 10,000 sqft of property with more than 26ft of elevation just steps to the Atlantic Ocean, Kagan Park and Pelican Lake. Priced at lot value but recent updates include new cement tile roof, additional roof hurricane strapping and Hardie (cement) board Gables and Eaves. Hurricane impact windows, gas range and stainless steel appliances and a finished basement. Walking distance to restaurants, shopping, Juno Beach Pier and Loggerhead Marine Life Center. The manager has listed the unit size as 2328 square feet.
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Property Highlights
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About Ocean View Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017