6273 NW 40th Way
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by United Realty Group Inc. | $625,000 | |
| Listed by United Realty Group Inc. | |||
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3/2 Plus den/office in Coco Bay. Over 2800 total SF! Energy efficiency lovers will be impressed. Nearly 700 SF of large covered outdoor living space, adorned with full electrical functions, ceiling fans, skylights, and tranquil water views .... Oozing with entertainment options! Fenced in yard. New AC with Ultraviolet system in 2022. NEW ROOF and gutter system in 2023. Hot Water tank with solar power in 2024. Impact Windows. Security System - 8 color cameras w/ night vision and app controlled. Reverse Osmosis water filtration system for the entire home. Custom spray foam insulation in the attic. Gas powered generator professionally wired to the home. Garage partially converted to make den/office under AC. Sprinklers supplied by the lake. Enjoy the Florida life you deserve. Welcome Home
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| Jul 31, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $359,000 | |
| Listed | |||
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Probably The Most Efficient Home in Coconut Creek! Featuring High Impact Windows, 60 Gal Solar Water Heater System, 10KW WHOLE HOUSE Solar Panel System, WHOLE HOUSE Air AND Water Purification System, AC '14, Updated Kitchen With Granite Countertops, Stainless Steel Appliances, XL Master With Dual Walk In Closets, Dual Sinks/Roman Tub/Shower in Master Bath, HUGE 600 Sq Ft Covered Patio Overlooking Lake, Fenced Yard, Kids Playground, Outdoor Tool Shed, Enclosed Storage in Garage and Much More!The manager has listed the unit size as 2012 square feet.
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About Cocobay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017