627 Avenida Alegre
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 13, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | Listed by Redfin Corporation | $399,990 | |
| Listed by Redfin Corporation | |||
| | |||
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Experience the charm of this delightful 2-bedroom, 1-bathroom Key West-style home, ideally situated between Flamingo Park, El Cid, Prospect Park, and north of SoSo, with no HOA fees! Relax on the inviting front porch, complete with a swing, or enjoy the open, modern interior featuring shiplap accents, a newly remodeled bathroom, and a generous mudroom. The expansive wooden back porch and fully fenced yard offer plenty of space, including a bonus storage shed. The side yard includes a car gate, providing convenient parking for a boat or RV. Located within walking distance of Antique Row and the Intracoastal, and just minutes from Downtown West Palm and the beach, this home is perfect for all ages or investors seeking a blend of modern amenities and prime location in West Palm Beach.
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| Jun 14, 2024 | No longer available | - | |
| No longer available | |||
| Mar 28, 2024 | Price Decreased |
$510,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jan 30, 2024 | Price Decreased |
$515,000
↓ $35K
(6.4%) | |
| Price Decreased | |||
Property Highlights
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About Vista Encanto
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$8,250 /mo
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$7,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017