4720 Pine Tree Dr #23
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 13, 2018 | No longer available | - | |
| No longer available | |||
| Oct 9, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed | $169,738 | |
| Listed | |||
| | |||
|
True Miami Beach charm can be found in this amazing 1 bedroom apartment at The Esquire House. Enjoy stunning sunset views of Surprise Lake while you relax at the pool enjoying the Miami Lifestyle. Pet friendly building permits 2 dogs and will allow you to earn income by renting the unit out after the first year of ownership. Affordable association fees and NO LAND LEASE! Bring your creative touch and make this affordable Miami Beach property truly yours. The manager has listed the unit size as 882 square feet.
| |||
| May 11, 2018 | Listed by RE/MAX Consultants Realty 1 | $169,738 | |
| Listed by RE/MAX Consultants Realty 1 | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/19/2023
|
1 Bed
|
1 Bath
|
750 ft²
|
$315,000
1 Bed
1 Bath
750 ft²
|
-
-
|
Emmanuel Aldabe
Cosmo International Investment Group
| |
|
07/14/2022
|
1 Bed
|
1 Bath
|
750 ft²
|
$315,000
1 Bed
1 Bath
750 ft²
|
-
-
|
Emmanuel Aldabe
Cosmo International Investment Group
| |
|
06/16/2022
|
2 Bed
|
2 Bath
|
980 ft²
|
$385,000
2 Bed
2 Bath
980 ft²
|
-
-
|
Hernan Greve
Oceanside Realty & Investments, Inc.
| |
|
07/07/2021
|
1 Bed
|
1 Bath
|
750 ft²
|
$240,000
1 Bed
1 Bath
750 ft²
|
-
-
|
Norma Suarez
Florida Realty of Miami Corp
| |
|
01/11/2021
|
1 Bed
|
1 Bath
|
750 ft²
|
$289,000
1 Bed
1 Bath
750 ft²
|
-
-
|
Jonathan Minerick
HomeCoin.com
| |
|
04/29/2020
|
1 Bed
|
1 Bath
|
750 ft²
|
$225,000
1 Bed
1 Bath
750 ft²
|
-
-
|
Keith R Gordon
GetMoreOffers
| |
|
03/06/2019
|
1 Bed
|
1 Bath
|
750 ft²
|
$165,000
1 Bed
1 Bath
750 ft²
|
-
-
|
Lee Kafin
One Sotheby's International Realty
| |
|
12/04/2018
|
1 Bed
|
1 Bath
|
750 ft²
|
$169,000
1 Bed
1 Bath
750 ft²
|
$154,000
-8.88%
03/15/2019
|
Gilles Rais
Coldwell Banker Realty
| |
|
05/11/2018
|
1 Bed
|
1 Bath
|
882 ft²
|
$169,738
1 Bed
1 Bath
882 ft²
|
$150,000
-11.63%
10/09/2018
|
Yale Eichner
RE/MAX Consultants Realty 1
|
Building Info
About La Gorce
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017