6285 SW 98th St
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 |
|---|---|---|---|
| Oct 22, 2026 | Price Increased |
$5,700,000
↑ $200K
(3.6%) | |
| Price Increased | |||
| Aug 10, 2026 | Listed by Coldwell Banker Realty | $5,500,000 | |
| Listed by Coldwell Banker Realty | |||
| Aug 21, 2025 | Listed | $3,950,000 | |
| Listed | |||
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Welcome to one of the best opportunities in North Pinecrest! This prime property is located in one of Miami’s most sought-after neighborhoods, surrounded by luxury estates and within close proximity to top-rated schools, parks, and fine dining. Perfect for investors, developers, general contractors, or builders—this property offers endless potential to create a dream home or a high-value project in a market that continues to thrive. Rarely does such a prime piece of real estate become available in this location. Act quickly—this one won’t last!
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| May 9, 2024 | No longer available | - | |
| No longer available | |||
| Apr 10, 2024 | Price Increased |
$4,000,000
↑ $500K
(14.3%) | |
| Price Increased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017