534 Michael Street
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 |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Listed by Keller Williams Rlty Vero Bch | $299,900 | |
| Listed by Keller Williams Rlty Vero Bch | |||
| Aug 11, 2025 | Listed by Keller Williams Realty of VB | $299,900 | |
| Listed by Keller Williams Realty of VB | |||
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Prime Sebastian location close to Riverview park, boat ramp, parks, shopping/dining. This perfectly updated home features 3 beds, 2 baths w/ a split floor plan. Enjoy fully paid off solar, updated kitchen w/ huge peninsula, quartz countertops, custom backsplash, crisp white cabinets, brushed nickel fixtures & new stainless steel appliances. The primary has a custom remodeled bathroom w/ dual sinks, 2 closets & huge tile shower. New flooring, fresh paint, baseboards, light fixtures w/ remote-controlled fans add a fresh touch throughout. 1-car carport, .23 acre lot. 2018 roof, 2025 water heater
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| May 19, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017