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7360 N Highway 1 #204
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 10, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2023 | Listed by CENTURY 21 Paradise Palm | $295,000 | |
| Listed by CENTURY 21 Paradise Palm | |||
| |||
|
STUNNING! Originally a three-bedroom condo, this two-bedroom home has been beautifully renovated and has a very spacious main living area. All upgraded appliances, custom kitchen and baths with quartz counter tops, cabinetry, even a full size stack washer & dryer, make this condo a great find! The community has two pools w/whirlpools, pickleball/tennis, two fishing piers all with riverfront living. HOA includes all basic utilities except electric. When you make this your home, you will get front row seats to rocket launches from your screened porch! Convenient to shopping, beaches, and area attractions, make this beautiful home yours today!
| |||
| Jul 21, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | Listed by CENTURY 21 Paradise Palm | $165,000 | |
| Listed by CENTURY 21 Paradise Palm | |||
| Sep 4, 2018 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2023
|
2 Bed
|
2 Bath
|
1186 ft²
|
$295,000
2 Bed
2 Bath
1186 ft²
|
$283,200
-4.00%
01/10/2024
|
Monica Lakin Townley
CENTURY 21 Paradise Palm
| |
|
06/04/2021
|
3 Bed
|
2 Bath
|
1186 ft²
|
$165,000
3 Bed
2 Bath
1186 ft²
|
$176,000
+6.67%
07/21/2021
|
Monica Lakin Townley
CENTURY 21 Paradise Palm
| |
|
08/13/2018
|
3 Bed
|
2 Bath
|
1186 ft²
|
-
3 Bed
2 Bath
1186 ft²
|
-
-
|
-
| |
|
03/04/2015
|
2 Bed
|
2 Bath
|
1002 ft²
|
$79,000
2 Bed
2 Bath
1002 ft²
|
$75,000
-5.06%
05/11/2015
|
Darla Sutphen
7 WAVES REAL ESTATE
| |
|
11/08/2014
|
3 Bed
|
2 Bath
|
1186 ft²
|
$124,900
3 Bed
2 Bath
1186 ft²
|
$118,500
-5.12%
01/05/2015
|
Susan Heacock
RESULTS TEAM PROP & INVESTMENT
| |
|
08/22/2013
|
2 Bed
|
2 Bath
|
-
|
$62,900
2 Bed
2 Bath
|
$56,000
-10.97%
02/21/2014
|
James Webster
Mutter Realty ERA Powered
| |
|
05/25/2013
|
2 Bed
|
2 Bath
|
1002 ft²
|
$96,900
2 Bed
2 Bath
1002 ft²
|
$95,000
-1.96%
08/30/2013
|
George Reed
FAMILY REALTY
| |
|
08/07/2012
|
3 Bed
|
2 Bath
|
1186 ft²
|
$99,450
3 Bed
2 Bath
1186 ft²
|
$90,000
-9.50%
02/06/2013
|
Ronnie Lawhon
Coldwell Banker Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017