716 42nd Avenue
About This Property
The manager has listed the unit size as 1334 square feet.
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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 |
|---|---|---|---|
| Apr 11, 2024 | No longer available | - | |
| No longer available | |||
| Mar 8, 2024 | Relisted | $479,000 | |
| Relisted | |||
| Mar 7, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2024 | Price Decreased |
$479,000
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Feb 23, 2024 | Listed by Engel & Völkers Vero Beach | $485,000 | |
| Listed by Engel & Völkers Vero Beach | |||
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Half acre homestead with New Storm Shutters. 3-bedroom, 2-bathroom home situated on a spacious double lot spanning fully fenced. Plenty of room for a pool! This meticulously maintained residence features numerous upgrades within the last 3 years, including new flooring, roof, H2O Heater, AC, Kitchen & baths. The interior & exterior are freshly painted, and enhancements like molding showcase the attention to detail. The 30 amp outlet is also equipped for a generator or RV hookup. Enjoy a turnkey living experience with updated appliances complete this delightful package. Bring the Boat & RV The manager has listed the unit size as 1334 square feet.
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About Vero Beach South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017