519 2nd Avenue
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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 22, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by Scenic Sotheby's International Realty | $299,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| May 8, 2021 | No longer available | - | |
| No longer available | |||
| May 1, 2021 | Listed | $279,000 | |
| Listed | |||
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Make Destin your home! The perfect location! Close to the Bay and the boat launch and literally just 3 blocks from the school! Huge yard! The potential for this property is there and so is the room. The roof was redone in 2014 and so was the AC. This was a long term rental and seller is ready to sell. This is the only single family home in Destin under $300,000 and it is not going to last. The manager has listed the unit size as 1026 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017