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4730 S Highway 1
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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 |
|---|---|---|---|
| Mar 30, 2022 | Sold | ||
| Sold | |||
| Dec 16, 2021 | Listed by Dale Sorensen Real Estate Inc. | $655,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Aug 11, 2021 | Listed by WATSON REALTY CORP | $1,200,000 | |
| Listed by WATSON REALTY CORP | |||
| | |||
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CALLING ALL RESTAURANTS! 1 ACRE OR MORE OF COMMERCIAL LAND DIRECTLY ON US 1 NEAR SR 206. Just minutes from historic downtown & our sugar sand beaches. This is a rare opportunity to have a ''captured audience'' as it's directly adjacent to the highly touted CLASSIC CAR MUSEUM allowing for a fantastic chance to partner with the museum in order to service their patrons with breakfast, lunch & dinner. The museum holds a myriad of events every month from car shows to weddings to special charity events. This land has direct frontage & unobstructed visibility on US 1 with an average of 21,000 cars passing daily (FDOT 2020). Commercial Intensive zoning allows for a tremendous array of other retail & commercial opportunities. Seller will consider Lease & Build to Suit.
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| Sep 17, 2013 | Sold | ||
| Sold | |||
| Jul 10, 2013 | Listed by Dale Sorensen Real Estate Inc. | $382,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017