Lot 54 W Okeechobee
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 28, 2026 | Listed by Berkshire Hathaway HomeServices | $325,000 | |
| Listed by Berkshire Hathaway HomeServices | |||
| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Nov 23, 2023 | No longer available | - | |
| No longer available | |||
| Nov 23, 2023 | Listed by The Premier Property Group, LLC | $1,900,000 | |
| Listed by The Premier Property Group, LLC | |||
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Legacy canopy oaks & longleaf pines in the peaceful Forest Lakes neighborhood surround the oversized lot for this new construction home designed by Tim McNamara. The 4BR/4.5BA custom home on a concrete slab foundation is now complete. Upscale finishes & features in this home are curated by interior designer, Leslie Floyd. Enjoy spring Gulf breezes from the 1st level covered porch & 2nd level open deck. Highlights are the spacious kitchen, large casement windows, 1st level primary suite, 3rd floor crow's nest & floor to ceiling shower tile. This gated community features nearby beach & state park access, playground, a lake with walking bridge & a large community pool. Forest Lakes is also conveniently located near Gulf Place & Blue Mountain Beach with plenty of restaurants & shopping. The manager has listed the unit size as 2759 square feet.
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| Jul 22, 2023 | Listed by The Premier Property Group, LLC | $1,900,000 | |
| Listed by The Premier Property Group, LLC | |||
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Legacy canopy oaks & longleaf pines in the peaceful Forest Lakes neighborhood surround the oversized lot for this new construction home designed by Tim McNamara. The 4BR/4.5BA custom home on a concrete slab foundation will be complete in Fall 2023. Upscale finishes & features in this home are curated by interior designer, Leslie Floyd. Enjoy spring Gulf breezes from the 1st level covered porch & 2nd level open deck. Highlights are the spacious kitchen, large casement windows, 1st level primary suite, 3rd floor crow's nest & floor to ceiling shower tile. This gated community features nearby beach & state park access, playground, a lake with walking bridge & a large community pool. Forest Lakes is also conveniently located near Gulf Place & Blue Mountain Beach with plenty of restaurants & The manager has listed the unit size as 2759 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017