8237 Severn Drive #D
About This Property
All of the lights in this home are LED and even the door handles were replaced. Come see this home before its gone!
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/10/2021
|
2 Bed
|
2 Bath
|
1302 ft²
|
$275,000
2 Bed
2 Bath
1302 ft²
|
$270,000
-1.82%
06/08/2021
|
Giana Perri
One Sotheby's International Realty
| |
|
10/16/2020
|
2 Bed
|
2 Bath
|
1302 ft²
|
$259,000
2 Bed
2 Bath
1302 ft²
|
$255,000
-1.54%
12/07/2020
|
Jared Scott BeRossy
Florida Premier Realty of the Palm Beaches LLC
| |
|
05/28/2013
|
2 Bed
|
2 Bath
|
1312 ft²
|
$125,000
2 Bed
2 Bath
1312 ft²
|
$126,000
+0.80%
10/11/2013
|
Cindy Carrion Sarro
Smart Property Moves LLC
|
Building Info
About Boca Rio North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017