5757 Alton Rd
About This Property
The manager has listed the unit size as 3762 square feet.
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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 |
|---|---|---|---|
| Jun 28, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| May 25, 2025 | Listed | $1,800,000 | |
| Listed | |||
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Mediterranean masterpiece built in 1936, full of old charm and character. Spacious floor plan with 3,762 sq/ft of living space, 4 bed / 4 bath plus 1 bed / 1 bath staff quarters, and 2-car garage. All bedrooms are generously sized, with one conveniently located on the first floor. Grandiose living and dining rooms, Spanish tile floors, and a fireplace in the main living area. Sun-drenched Florida room with arched windows overlooks La Gorce Golf Course. The kitchen is a blank canvas, ready for your dream design. Situated on a 7,125 sq/ft lot with only one neighbor. Located next to La Gorce Country Club and minutes from shops, restaurants, major roads, and the beach. A rare opportunity to restore and personalize a true classic. Tremendous potential. Easy to show, click on showing time.
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| Mar 21, 2025 | No longer available | - | |
| No longer available | |||
| Jan 13, 2025 | Listed | $2,750,000 | |
| Listed | |||
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TWO STORY HOME ON THE LA GORCE COUNTRY CLUB GOLF COURSE IN THE HEART OF MIAMI BEACH. FEATURES INCLUDE: 3,762 (LIVING AREA) SF ON A 7,125 SF LOT WITH 5 BEDROOMS, 5 BATHROOMS, CHARMING GREAT ROOM, FLORIDA ROOM, FORMAL DINING ROOM, ENORMOUS MASTER SUITE. PROPERTY IS BEING SOLD AS IS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017