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642 86th St
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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 |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by Coldwell Banker Realty | $699,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 15, 2025 | Listed | $775,000 | |
| Listed | |||
| | |||
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Discover Villa Ola, a 2-bed + den twin home that captures the essence of Miami Beach living. Located on Biscayne Point, you’re steps from North Beach & North Shore Park. This home has been beautifully updated w/ remodeled living spaces, restored oak wood floors, a modern kitchen w/ SS appliances, an extra large walk in closet, & remodeled bathrooms. Upgrades include 2025 impact windows/doors, 2019 roof, 2022 copper wiring & HVAC, updated plumbing & tankless water heater. The spacious den, used as an office or 3rd bedroom, overlooks the private backyard w/ abundant light & banana trees—a true tropical oasis. Villa Ola is more than a home: it's a beachside retreat where mornings start with ocean walks & evenings lead to Miami Beach’s best nightlife. Furniture negotiable. Currently Rented for $5,000 until 7/13/26.
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| Apr 11, 2022 | Sold | ||
| Sold | |||
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About Biscayne Point
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 1 Bed
- 1 Bath
- 820 ft²
$7,000 /mo
- 3 Beds
- 2 Baths
- 1,700 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017