508 7th Square #102
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 |
|---|---|---|---|
| Apr 7, 2022 | Sold | ||
| Sold | |||
| Mar 8, 2022 | Listed | $265,000 | |
| Listed | |||
| | |||
|
Spectacular 2 bedroom, 2 bath and 1 car garage! (NOT a 55+) and pet friendly. This condo features tile through out home, full size washer & dryer, impact windows, , paver driveway & patio. Beautiful fountain & water views from your windows and patio Resort style clubhouse & pool. Just minutes away from shops, dining & beaches! Move-in ready. Start living the good life!
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 18, 2020 | In contract | - | |
| In contract | |||
| Aug 27, 2020 | Listed | $180,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/08/2022
|
2 Bed
|
2 Bath
|
1127 ft²
|
$265,000
2 Bed
2 Bath
1127 ft²
|
$265,000
04/07/2022
|
Robbie Berlingieri
Billero & Billero Properties
| |
|
08/27/2020
|
2 Bed
|
2 Bath
|
-
|
$180,000
2 Bed
2 Bath
|
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-
|
-
|
Building Info
About Vero Beach South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017