641 NW 15th Avenue
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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 4, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Sep 2, 2025 | Price Decreased |
$1,125,000
↓ $25K
(2.2%) | |
| Price Decreased | |||
| Aug 6, 2025 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Jul 24, 2025 | Listed by Cardinal Group Enterprise INC | $1,199,900 | |
| Listed by Cardinal Group Enterprise INC | |||
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Stunning 4-Bedroom Home with Modern Upgrades and Resort-Style Pool! Welcome to your dream home in East Boca! This beautifully renovated 4-bedroom, 2-bathroom residence offers the perfect blend of luxury, comfort, and convenience. Featuring a brand-new metal roof, impact doors and windows, new AC / duct system, and completely updated plumbing (including underground), this home is move-in ready with peace of mind for years to come. Custom-built kitchen with brand-new appliances and stylish finishes designed for both functionality and entertaining. The open-concept layout flows effortlessly into the bright living spaces.Step outside into your private oasis. The pool has been recently resurfaced and the backyard is beautifully landscaped, perfect for relaxing, entertaining, or enjoying warm Florida days. Located in a top-rated school zone (Addison Mizner, Boca Middle, Boca High) and just minutes from shops, restaurants, and the beach. This home truly has it all. Don't miss your chance to own this exceptional property in a prime location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017