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56 154TH AVENUE #56
About This Property
Storm Damaged Condo for sale
ready to rebuild
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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 |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jul 27, 2026 | Listed by PALM PARADISE REALTY GROUP | $255,000 | |
| Listed by PALM PARADISE REALTY GROUP | |||
| Apr 25, 2025 | Price Decreased |
$375,000
↓ $100K
(21.1%) | |
| Price Decreased | |||
| Feb 15, 2025 | Listed | $475,000 | |
| Listed | |||
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Introducing one of the top locations on the beach with a no-minimum rental restriction! This is a Great opportunity just two block from downtown Madeira Beach and a half a block from beach access! This villa can be used for short term rental or can possibly be turned into a two bedroom/ two bathroom for your own personal use. Across the street Fromm smugglers cove, a block from Winn Dixie and the dollar tree. This unit has an incredible walk ability for all your vacation or personal needs and wants!
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Property Highlights
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Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017