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4220 NE 24TH Avenue
About This Property
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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 |
|---|---|---|---|
| Sep 30, 2026 | Listed by RE/MAX First | $1,995,000 | |
| Listed by RE/MAX First | |||
| Sep 5, 2025 | Price Decreased |
$2,075,000
↓ $120K
(5.5%) | |
| Price Decreased | |||
| Jul 17, 2025 | Price Decreased |
$2,195,000
↓ $55K
(2.4%) | |
| Price Decreased | |||
| Jun 20, 2025 | Listed | $2,250,000 | |
| Listed | |||
| | |||
|
Boater's dream in an unbeatable location! This breathtaking Venetian Isles deepwater estate offers 90 feet of prime water frontage with a rare vessel turnabout and direct access to the Intracoastal, Hillsboro, and Boca inlets--no fixed bridges. Meticulously maintained and renovated with pride of ownership, the 3-bed, 2-bath home features an open-concept layout, a centrally located kitchen with custom cabinetry, tile flooring throughout, and high-impact windows and doors that frame sweeping water views. A charming bay window fills the living space with natural light, enhancing the home's warm, inviting atmosphere. Indoor and outdoor living blend seamlessly, leading to a private resort-style retreat with covered and open patio areas, rare green space, and lush tropical landscaping.
| |||
| Jun 10, 2015 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
Listed On
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About Lighthouse Point
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 2 Beds
- 2 Baths
- 1,249 ft²
$8,900 /mo
- 3 Beds
- 3 Baths
- 1,891 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017