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6235 Alton Rd
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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 |
|---|---|---|---|
| Oct 5, 2026 | Listed by Compass Florida, LLC | $1,999,000 | |
| Listed by Compass Florida, LLC | |||
| Oct 15, 2025 | Listed | $2,395,000 | |
| Listed | |||
| | |||
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Fully renovated, move-in-ready 3-bedroom residence with a spacious family room ideal as a 4th bedroom, 3.5 bathrooms, and advanced smart-home technology, located on prestigious Alton Rd in Miami Beach. Designed for modern living, this turnkey home offers an exceptional floor plan with open-concept living and dining areas, en-suite bedrooms, a private home office, laundry area, and walk-in pantry. The interior is filled with natural light and enhanced by smart lighting throughout the home and outdoor spaces. High-end features include energy-efficient stainless-steel appliances, impact windows and doors, built-in speakers, security cameras, gated entry, and contemporary finishes, delivering privacy, efficiency, and peace of mind.
The oversized backyard provides an elegant travertine patio, built-in outdoor grill, and ample space to build a pool, perfect for outdoor entertaining and Florida living. Abundant storage throughout, plus a 1-car garage and a large driveway accommodating up to four additional vehicles. This stylish luxury family home is ideal for a primary residence, relocation buyers, or a second home, offering comfort, convenience, and refined living in one of Miami Beach’s most desirable, centrally located neighborhoods, close to top-rated schools, beaches, shopping, dining, and major access routes.
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| Jul 26, 2019 | Sold | ||
| Sold | |||
| Mar 25, 2011 | Sold | ||
| Sold | |||
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About La Gorce
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017