14
Map
7240 N Highway 1 #2
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%.
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 |
|---|---|---|---|
| Jun 21, 2016 | Sold | ||
| Sold | |||
| Jan 4, 2016 | Listed by Coldwell Banker Realty | $89,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/22/2025
|
2 Bed
|
2 Bath
|
1186 ft²
|
$289,000
2 Bed
2 Bath
1186 ft²
|
$265,000
-8.30%
04/30/2026
|
Dawn Haynes
Coldwell Banker Coast Realty
| |
|
06/14/2023
|
2 Bed
|
2 Bath
|
1002 ft²
|
$239,999
2 Bed
2 Bath
1002 ft²
|
$227,000
-5.42%
08/03/2023
|
Lora Jones
McCoy-Freeman Real Estate
| |
|
09/29/2022
|
2 Bed
|
2 Bath
|
1002 ft²
|
$254,900
2 Bed
2 Bath
1002 ft²
|
$254,900
10/27/2022
|
Sandra Southwell
Daignault Realty Inc
| |
|
09/23/2022
| |
2 Bed
|
2 Bath
|
1002 ft²
|
$249,000
2 Bed
2 Bath
1002 ft²
|
-
-
|
Tami Leliuga Shriver
Coldwell Banker Paradise - Satellite Beach
|
|
09/20/2022
|
2 Bed
|
2 Bath
|
1002 ft²
|
$234,000
2 Bed
2 Bath
1002 ft²
|
$219,000
-6.41%
05/24/2023
|
Tami Leliuga
Coldwell Banker Paradise
| |
|
03/10/2022
|
2 Bed
|
2 Bath
|
1002 ft²
|
$269,000
2 Bed
2 Bath
1002 ft²
|
-
-
|
George R Arnold Jr.
Sand Dollar Realty Group, Inc.
| |
|
06/30/2020
|
2 Bed
|
2 Bath
|
1002 ft²
|
$179,000
2 Bed
2 Bath
1002 ft²
|
$176,000
-1.68%
09/23/2020
|
Linda Lakin
CENTURY 21 Paradise Palm
| |
|
12/28/2016
|
2 Bed
|
2 Bath
|
-
|
$136,000
2 Bed
2 Bath
|
$135,000
-0.74%
04/10/2017
|
Jane Velluto-Huber
Daignault Realty Inc
| |
|
11/05/2016
|
3 Bed
|
2 Bath
|
1186 ft²
|
$136,900
3 Bed
2 Bath
1186 ft²
|
$130,000
-5.04%
04/24/2017
|
Elizabeth Johnson
NextHome Salty Dog Realty
| |
|
01/04/2016
|
2 Bed
|
2 Bath
|
1002 ft²
|
$89,900
2 Bed
2 Bath
1002 ft²
|
$90,000
+0.11%
06/21/2016
|
Andrea Simon
Coldwell Banker Realty
| |
|
03/05/2013
|
3 Bed
|
2 Bath
|
1186 ft²
|
$110,000
3 Bed
2 Bath
1186 ft²
|
$98,000
-10.91%
04/08/2013
|
Arlene Owens
Tropical Realty & Inv. of Brev
| |
|
09/30/2012
|
2 Bed
|
2 Bath
|
-
|
$115,000
2 Bed
2 Bath
|
$102,000
-11.30%
04/26/2013
|
Jim Hartung
Coldwell Banker Residential RE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017