700 Layne Blvd #114
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%.
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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 23, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by ERA Infinity Properties | $225,000 | |
| Listed by ERA Infinity Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/31/2023
|
2 Bed
|
2 Bath
|
1050 ft²
|
$335,000
2 Bed
2 Bath
1050 ft²
|
$310,000
-7.46%
01/18/2024
|
Maurice Calhoun
DALTON WADE INC
| |
|
02/03/2023
|
2 Bed
|
2 Bath
|
1050 ft²
|
$299,000
2 Bed
2 Bath
1050 ft²
|
$300,000
+0.33%
03/30/2023
|
Josef Bagiv
Blue Realty Team, LLC
| |
|
02/03/2023
|
1 Bed
|
1 Bath
|
720 ft²
|
$199,000
1 Bed
1 Bath
720 ft²
|
$185,000
-7.04%
04/26/2023
|
Lynn Mcneil
ERA Infinity Properties
| |
|
08/04/2022
|
1 Bed
|
1 Bath
|
720 ft²
|
$195,000
1 Bed
1 Bath
720 ft²
|
-
-
|
Julia Ray
Raydiant Realty
| |
|
07/22/2022
|
1 Bed
|
1 Bath
|
720 ft²
|
$225,000
1 Bed
1 Bath
720 ft²
|
$215,000
-4.44%
09/23/2022
|
Lynn Mcneil
ERA Infinity Properties
| |
|
05/05/2022
|
1 Bed
|
1 Bath
|
720 ft²
|
$195,000
1 Bed
1 Bath
720 ft²
|
-
-
|
Jamie Gillard
ERA Infinity Properties
| |
|
04/18/2022
|
1 Bed
|
1 Bath
|
720 ft²
|
$189,900
1 Bed
1 Bath
720 ft²
|
$185,000
-2.58%
06/17/2022
|
Jonathan O'Neill
Managexchange LLC
| |
|
02/17/2022
|
1 Bed
|
1 Bath
|
720 ft²
|
$183,000
1 Bed
1 Bath
720 ft²
|
$190,000
+3.83%
04/22/2022
|
Enolismel Padilla
International Realtors Group Corp
| |
|
11/01/2021
|
1 Bed
|
1 Bath
|
720 ft²
|
$160,000
1 Bed
1 Bath
720 ft²
|
-
-
|
Julia Ray
Raydiant Realty
| |
|
09/30/2021
|
1 Bed
|
1 Bath
|
720 ft²
|
$175,000
1 Bed
1 Bath
720 ft²
|
-
-
|
Madeline Langlois
United Realty Group Inc
| |
|
04/05/2021
|
1 Bed
|
1 Bath
|
720 ft²
|
$139,000
1 Bed
1 Bath
720 ft²
|
$130,000
-6.47%
05/17/2021
|
David Sullivan
RE/MAX House of Real Estate
| |
|
09/23/2020
|
1 Bed
|
1 Bath
|
720 ft²
|
$159,900
1 Bed
1 Bath
720 ft²
|
$150,000
-6.19%
01/07/2021
|
Jamie Gillard
ERA Infinity Properties
| |
|
06/02/2020
|
2 Bed
|
2 Bath
|
1050 ft²
|
$205,900
2 Bed
2 Bath
1050 ft²
|
$141,000
-31.52%
01/13/2021
|
Laura Solis
NextHome Presidential Realty
| |
|
02/13/2020
|
2 Bed
|
2 Bath
|
1050 ft²
|
$159,900
2 Bed
2 Bath
1050 ft²
|
$152,000
-4.94%
08/10/2020
|
Linda Faille-Roy
RE/MAX Consultants Realty 1
| |
|
07/13/2018
|
2 Bed
|
2 Bath
|
1050 ft²
|
$152,500
2 Bed
2 Bath
1050 ft²
|
$152,500
08/17/2018
|
Christine Axel
United Realty Group Inc
| |
|
06/19/2018
|
1 Bed
|
1 Bath
|
720 ft²
|
-
1 Bed
1 Bath
720 ft²
|
-
-
|
-
| |
|
12/15/2014
|
2 Bed
|
2 Bath
|
1050 ft²
|
$164,900
2 Bed
2 Bath
1050 ft²
|
$155,000
-6.00%
04/06/2015
|
Tamra Sinclair
7 East Realty LLC
|
Building Info
- 2 Units for Sale
About Hallandale Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017