737 NE 8TH
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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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Listed by SAGE REAL ESTATE | $369,000 | |
| Listed by SAGE REAL ESTATE | |||
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Completely renovated 1950s home just steps away from the historical Duckpond neighborhood! No stone was left unturned here. New roof, tankless gas hot water heater, completely rewired and replumbed! The new kitchen features solid wood shaker cabinets, granite counter tops and new stainless appliances to boot! Luxury vinyl plank flooring flows through the three bedrooms, two bathrooms, living room, den, dining room and kitchen! The split floor plan provides the ideal layout for families or as a rental. The gorgeous bathrooms have been completely retiled and feature new floating vanities and fixtures. The large back deck just off the kitchen overlooks the spacious backyard and the entire property has been fenced in for the utmost privacy! This centrally located neighborhood is walking distance to downtown, Tom Petty park and just a short bike ride to the University of Florida.
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| Jul 25, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017