502 ELEVENTH Street
About This Property
Fabulous family home. 3 bedrooms on the first floor with a backdoor to a beautiful deck, backyard with magnificent Oak Trees.
The second floor has a large open feel, living room, dining room and kitchen. The over sized master bedroom and bath and one other room that could be used as a fifth ( non-conforming) bedroom or a den.
Beautiful tropical landscape in the front of the home with enough parking for 10 cars or RV parking or your boat and trailer. Lots of boat ramps in the area.
An old Florida feel to this wonderful home. Large second floor balcony porch. Enjoy the breezes from the ocean only a block or 2 away. This home sits on the corner lot , a few homes back from the Intracoastal Waterway. Come home to a perpetual vacation. Watch the boats speed by as you pull into your driveway. Grab a drink and enjoy the magnificent sunsets.
A short walk to one of the locals favorites, Aunt Kate's., The Reef and Cap's!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | In contract | - | |
| In contract | |||
| Feb 2, 2025 | No longer available | - | |
| No longer available | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Price Decreased |
$875,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017