25
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806 SE 9th Avenue
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 |
|---|---|---|---|
| Aug 5, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Listed by Compass Florida LLC | $695,000 | |
| Listed by Compass Florida LLC | |||
| Mar 22, 2025 | Price Decreased |
$725,000
↓ $14K
(1.9%) | |
| Price Decreased | |||
| Feb 25, 2025 | Listed | $739,000 | |
| Listed | |||
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Welcome to 806 SE 9th Ave, nestled in The Cove, just 1.7 miles (2.74km) to the ocean, fine dining & entertainment. This beautifully updated single-family home offers a perfect blend of comfort & style. The spacious 2-bedroom, 2-bathroom residence features high-quality renovations, including gourmet kitchen w/ upgraded appliances, wine cooler, granite countertops, & breakfast bar. New washing machine (installed 2023), as well as a dryer, dishwasher, and refrigerator, all newly installed in 2024. Additional highlights include indoor laundry room, ample storage, attached garage, and circular driveway. Step outside to enjoy your private backyard, complete w/ a serene pool and secluded patio, ideal for relaxing and entertaining. This home is ready for your personal touch.
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About The Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017