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4470 Alton Rd
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%.
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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 |
|---|---|---|---|
| Dec 11, 2025 | Listed by Cervera Real Estate Inc. | $3,900,000 | |
| Listed by Cervera Real Estate Inc. | |||
| Jan 16, 2025 | Price Increased |
$6,900,000
↑ $4M
(176%) | |
| Price Increased | |||
| Sep 6, 2024 | Listed | $2,500,000 | |
| Listed | |||
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|
Introducing 4470 Alton Road, an exceptional property located in the heart of Miami Beach, featuring approved construction plans ready to transform it into a luxurious modern residence. Within the next two months, demolition of the existing structure will begin, making way for a beautifully designed home. The price of $6.9M includes complete construction with select interior finishes, allowing the new owners to continue the process directly with the General Contractor. With an estimated 18-month construction timeline, this stunning 4,000 sq. ft. residence will offer 5 spacious bedrooms, 6.5 bathrooms, a private entrance, ample parking, and expansive gardens surrounding the property.
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| Jul 26, 2024 | No longer available | - | |
| No longer available | |||
| Jul 27, 2023 | Listed | $2,200,000 | |
| Listed | |||
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Spectacular land located in the heart of Miami Beach, currently project is under design & construction permits. A
private entrance will lead to your enclosed parking for 1 car & 2 outdoor cars. Its magnificent double ceiling entrance will generate a peaceful ambience of approximate 4000 sq fts. The proposed finishes will match a minimalistic design that will mix elegance throughout the house bringing natural light into the house. The pool area will gather a living room, outdoor dining room & BBQ area. The house will have a large area for gardens that surround the entire house.This luxury project will have 5 ample bedrooms & 6.5 bathrooms. House will be delivered end 2024 & construction
schedule will be updated as soon as the project starts. *PRICE includes Land & Construction Plans.
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About Nautilus
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$8,625 /mo
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$5,900 /mo
- 1 Bed
- 1 Bath
- 833 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017