4240 NE 23rd Terrace
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 |
|---|---|---|---|
| Oct 14, 2021 | No longer available | - | |
| No longer available | |||
| May 28, 2021 | Listed by Sutter & Nugent LLC | $1,365,000 | |
| Listed by Sutter & Nugent LLC | |||
| | |||
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RARE opportunity to own the only waterfront lot in the heart of Lighthouse point for sale. This waterfront lot has approximately 90' of frontage on the intracoastal and is roughly 9,000 total square feet. Deepwater ocean access no fixed bridges. Perfect for any boater looking to keep their yacht in their backyard and the chance to build their dream home. Seller will entertain build to suit. Please do not walk the lot without permission!!!
| |||
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Mar 6, 2020 | Listed by RE/MAX First | $1,195,000 | |
| Listed by RE/MAX First | |||
| Jul 15, 2016 | Sold | ||
| Sold | |||
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About Lighthouse Point
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$7,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017