500 7th Square #202
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 |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | Listed by Billero & Billero Properties | $229,900 | |
| Listed by Billero & Billero Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/06/2025
|
2 Bed
|
2 Bath
|
1127 ft²
|
$205,000
2 Bed
2 Bath
1127 ft²
|
-
-
|
Michael Flowers
Cliff Norris Real Estate
| |
|
06/22/2024
|
2 Bed
|
2 Bath
|
1230 ft²
|
$229,900
2 Bed
2 Bath
1230 ft²
|
$225,000
-2.13%
08/05/2024
|
Robbie Berlingieri
Billero & Billero Properties
| |
|
06/28/2023
|
2 Bed
|
2 Bath
|
1230 ft²
|
$239,000
2 Bed
2 Bath
1230 ft²
|
-
-
|
Robbie Berlingieri
Billero & Billero Properties
| |
|
08/16/2021
|
2 Bed
|
2 Bath
|
1230 ft²
|
$235,000
2 Bed
2 Bath
1230 ft²
|
$236,000
+0.43%
09/09/2021
|
Robbie Berlingieri
Billero & Billero Properties
| |
|
10/14/2019
|
2 Bed
|
2 Bath
|
1230 ft²
|
$168,000
2 Bed
2 Bath
1230 ft²
|
$160,000
-4.76%
01/17/2020
|
Shane Reynolds
Keller Williams - Vero Beach
| |
|
07/16/2018
|
2 Bed
|
2 Bath
|
-
|
$189,000
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
About Vero Beach South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017