581 SE 11th Street
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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%.
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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 15, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Listed by Compass Florida, LLC | $799,000 | |
| Listed by Compass Florida, LLC | |||
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Tropical vibes, poolside living, and a quiet cul-de-sac location — this Pompano Beach gem checks all the boxes. Beautifully maintained, this 3BR/2BA home features bright open living spaces, a split-bedroom layout, updated finishes, and a private backyard retreat with sparkling pool and lush tropical landscaping. Enter through a charming courtyard patio into a home filled with warmth, natural light, and effortless indoor-outdoor flow. Features include updated kitchen and baths, spacious Florida room, new flooring and nearly 1,900 sq ft under air. Ideally located near beaches, boating, golf, dining, and the exciting redevelopment of Pompano Beach, this home offers the perfect blend of comfort, style, and South Florida living.
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| Oct 8, 2021 | Sold | ||
| Sold | |||
| Aug 13, 2021 | Listed by Charles Rutenberg Realty LLC | $625,000 | |
| Listed by Charles Rutenberg Realty LLC | |||
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About High Ridge Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017