21
Map
601 NW 9th Avenue
About This Property
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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%.
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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Illustrated Properties | $254,000 | |
| Listed by Illustrated Properties | |||
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Unleash the potential of this 948 sq. ft. gem in Pompano Beach, Florida! Situated on a spacious corner lot of over 7,000 sq. ft., this property features sturdy concrete block walls awaiting your vision, including terrazzo floors throughout. In a rapidly revitalizing area, today's price will be a steal in the near future. Ideal for cash buyers with significant income potential. Located in an Opportunity Zone. Benefit from ongoing neighborhood development enhancing property values and appeal. *Had a code violation, now taken care of!* Secure your future in Pompano Beach today!
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| Mar 15, 2022 | Sold | ||
| Sold | |||
| Dec 20, 2019 | No longer available | - | |
| No longer available | |||
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About Pompano Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017