4851 SE 128th Avenue
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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Price Decreased |
$510,000
↓ $25K
(4.7%) | |
| Price Decreased | |||
| Nov 9, 2025 | Price Decreased |
$534,900
↓ $100
(0%) | |
| Price Decreased | |||
| Oct 10, 2025 | Listed by Okeechobee Homes and Land | $535,000 | |
| Listed by Okeechobee Homes and Land | |||
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OPEN HOUSE 11-23, 12 TO 3PM MOTIVATED SELLER, EASTERN OKEECHOBEE COUNTY! 3 bed 2 bath home on 4 acres. Perfect for commuting to Palm Beach, Saint Lucie or Martin county. This property offers 4 acres of agricultural zoned land, perfect for your mini farm. It's fenced and cross fenced with good grass and a pond. Also, there's plenty of native wildlife to be seen from the ranch next door. The large barn has power and water, room for multiple stalls, has a tack room, work shop area and a meat processing room with a walk-in cooler. There's also a chicken condo and raised garden beds for your self reliant food source. The home offers many upgrades such as a metal roof, impact windows, new doors, new paint, new flooring and butcher block countertops. Enjoy the evenings on the back screened porch or take a dip in the 18x33ft above ground pool, complete with a large deck. Come live the lifestyle in this country paradise.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017