6512 Contempo Lane
About This Property
Brand new kitchen with quartz counter tops, convection oven and induction stove top, home security system (monitoring required) doorbell camera. All new appliances. Close to Sugar Sand Park, shopping, restaurants, Boca Raton Town Center Mall, and only 6 miles away from the beach.
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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 |
|---|---|---|---|
| Apr 18, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Sold | ||
| Sold | |||
| Jan 27, 2022 | Listed by Home Sweet Home Real Estate | $599,000 | |
| Listed by Home Sweet Home Real Estate | |||
| Oct 27, 2016 | Sold | ||
| Sold | |||
| Aug 14, 2016 | Listed by Home Sweet Home Real Estate | $300,000 | |
| Listed by Home Sweet Home Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017