5465 3rd Road #A
About This Property
A truly great entertaining home, 2 separate living areas downstairs and upstairs. No HOA or restrictions and NO HOA fees. If you want space and freedom and still only 11 miles to the beach this beautiful home can be yours and offered at a great price. Appraised at above asking.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 11, 2021 | Sold | ||
| Sold | |||
| Nov 12, 2020 | Listed by One Sotheby's International Re | $759,999 | |
| Listed by One Sotheby's International Re | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/12/2020
|
5 Bed
|
5 Bath
|
4571 ft²
|
$759,999
5 Bed
5 Bath
4571 ft²
|
$740,000
-2.63%
01/11/2021
|
Brian Coffey
One Sotheby's International Re
|
Building Info
About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017