7811 Dixie Beach Circle #7811
About This Property
circumstances have affected the Seller's plans. The Seller has
purchased all the materials to add a half bathroom downstairs and
renovate the full bathroom upstairs. All you would need to do is have
it installed. You will need to put a bit of time and effort in as this
property has some areas that are unfinished and the property is priced
accordingly. All of the appliances are new (2019), a/c (2018), gas
water heater (2018). The property has accordion shutters. The roof was
replaced in 2016 and the building was recently painted, all covered by
the HOA. The low monthly maintenance also includes insurance. All ages
welcome and there are no rental restrictions! Please make sure to take
a look at the 3D Tour of t
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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 |
|---|---|---|---|
| Oct 13, 2020 | Sold | ||
| Sold | |||
| Aug 12, 2020 | Listed by Redfin Corporation | $195,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/12/2020
|
2 Bed
|
1 Bath
|
945 ft²
|
$195,000
2 Bed
1 Bath
945 ft²
|
$195,000
10/13/2020
|
Erica C Lees
Redfin Corporation
| |
|
06/02/2007
|
2 Bed
|
1 Bath
|
945 ft²
|
$198,000
2 Bed
1 Bath
945 ft²
|
$191,150
-3.46%
11/16/2007
|
Barry Dunn
NextHome Realty Professionals
|
Building Info
About Tamarac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017