4960 NW 48th Way
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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Price Decreased |
$283,000
↓ $15K
(5%) | |
| Price Decreased | |||
| Mar 14, 2024 | Listed | $298,000 | |
| Listed | |||
| | |||
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This quaint two bedroom, one bath home offers 1,204 square feet of comfortable living space, complete with an enclosed Florida Room for versatile use. Situated on a corner lot, you'll enjoy the convenience at your doorstep with the clubhouse and pool just a stones throw away plus easy access to the turnpike, Publix, shopping and dining options. Enjoy piece of mind with hurricane windows safeguarding most of the home, while a year-old flat roof and well-maintained main roof ensure durability and longevity. Don't miss out on this opportunity to make this cozy haven your own! Association verified: One occupant must be 55+ and anyone over 18 permitted. Min 700 Credit Score. Up to 4 pets permitted and No Leasing for the first two years.
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| May 28, 2019 | Sold | ||
| Sold | |||
Property Highlights
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About Tamarac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017