59 Frederick LANE
About This Property
Conveniently located, this home is just 5 minutes away from the beach and surrounded by many parks! Nature lovers will enjoy
Graham Swamp Preserve, known to locals as "The Swamp" where you will find a seven-mile-long mountain bike trail. If you are into working out, make sure to check out Hammock Community Center, where you will find basketball and volleyball courts, swimming pools, and playgrounds for the kiddos.
Located in an established neighborhood, this property offers not just a home, but a lifestyle of comfort, luxury, and serenity. Check out the current vacation rental listing with all 5 star reviews here: https://www.staylahfl.com/coastal-pool-oasis-orp5b65d38x
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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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 4, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Relisted | $449,000 | |
| Relisted | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Jul 4, 2024 | Listed by LPT REALTY, LLC | $449,000 | |
| Listed by LPT REALTY, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017