10
Map
4273 N Highway 1 N
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 |
|---|---|---|---|
| Jun 22, 2020 | Sold | ||
| Sold | |||
| May 13, 2019 | Listed by MAXLIFE Realty LLC | $500,000 | |
| Listed by MAXLIFE Realty LLC | |||
| Oct 24, 2018 | Listed by MAXLIFE Realty LLC | $500,000 | |
| Listed by MAXLIFE Realty LLC | |||
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Picture yourself developing this beautiful lot with Indian River deep water footage and natural coquina seawall. This 0.91 acres in Palm Shores is currently zoned BU-1, but that could be altered with P&Z approval. The possibilities are endless! wonderful high and dry lot ready to build on. I am sending out a crew next week to clear it and get it ready to build on. Quick make an offer.
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Property Highlights
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About Indian River Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017