7775 W 29th Way #201
About This Property
The manager has listed the unit size as 925 square feet.
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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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Price Decreased |
$285,000
↓ $15K
(5%) | |
| Price Decreased | |||
| Apr 1, 2025 | Price Decreased |
$299,900
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Feb 8, 2025 | Listed | $320,000 | |
| Listed | |||
| | |||
|
Discover this fantastic 2-bedroom, 2-bathroom condo located in the highly desirable Hialeah Gardens neighborhood, offering excellent access to major highways and A-rated schools. This unit provides a spacious layout, featuring a comfortable living area, a functional kitchen, and two generously sized bedrooms. With no rental restrictions and a low association fee, this property presents a great investment opportunity for first-time buyers or investors. The location is unbeatable, just minutes away from the Palmetto Expressway, Turnpike, I-75, and Interstate 27. Take advantage of easy access to South Florida’s best shopping, dining, and schools. Don't miss your chance to own in this sought-after area!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/02/2021
|
2 Bed
|
2 Bath
|
885 ft²
|
$245,000
2 Bed
2 Bath
885 ft²
|
-
-
|
Claudia Carbonell
United Realty Group Inc
| |
|
12/24/2020
|
2 Bed
|
2 Bath
|
925 ft²
|
$205,000
2 Bed
2 Bath
925 ft²
|
$208,000
+1.46%
02/03/2021
|
Jackeline Hernandez
Realty World South Florida
| |
|
01/19/2010
|
2 Bed
|
2 Bath
|
885 ft²
|
$75,000
2 Bed
2 Bath
885 ft²
|
$70,000
-6.67%
01/25/2011
|
Darren Ragoonanan
Solution 1 Realty LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017