33
Map
5736 NW 48th Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Listed by Florida's Best Realty Services | $629,999 | |
| Listed by Florida's Best Realty Services | |||
| | |||
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Nestled in the highly desirable Arbors community, this beautifully renovated home is move-in ready with extensive modern upgrades throughout. The A/C unit was replaced in 2024 ensuring year round comfort, the water heater is 2023 and a new roof in 2019 for long-term peace of mind. The home features a stunningly remodeled kitchen with all new stainless steel appliances, sleek quartz countertops, and elegant shaker-style cabinets. Both bathrooms have been completely renovated with contemporary finishes. A hurricane impact garage and front door provide added security. The garage is equipped with a split A/C unit, making it a perfect space for a workspace or gym. For those who love to entertain a newly added built-in-bar with a wine cooler that enhances the Florida lifestyle.
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| Jun 4, 2020 | Sold | ||
| Sold | |||
| Feb 6, 2020 | Listed by Florida's Best Realty Services | $379,999 | |
| Listed by Florida's Best Realty Services | |||
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About Coral Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017