508 SE 28th Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 2, 2021 | Sold | ||
| Sold | |||
| Aug 13, 2021 | Listed by Charles Rutenberg Realty LLC | $5,895,000 | |
| Listed by Charles Rutenberg Realty LLC | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Oct 6, 2019 | Listed by Florida Luxurious Properties | $4,395,000 | |
| Listed by Florida Luxurious Properties | |||
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Totally stunning Modern intracoastal residence perfectly suits today's South Florida lifestyle.Incredible views from all entertaining areas & both Master Suites (1st & 2nd level)! Flexible floor plan also incorporates 1st level office & media room. High end finishes throughout, many custom finishes & professionally designed interiors.Large open crisp white Chef's kitchen with large contrasting island. Amazing open great room with fireplace & custom floating staircase. Highly desirable 1st level master overlooks pool. Expansive covered patio areas. 2nd level ultra-luxurious Master with spa style bathroom, custom closets & private balcony. 4 additional Bedroom Suites & access to roof terrace.The owners have loved the fun, high energy views of the direct intracoastal & the Modern architecture The manager has listed the unit size as 5874 square feet.
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| Mar 16, 2015 | Sold | ||
| Sold | |||
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About Cypress Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017