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8401 NW 24th Pl
About This Property
Enjoy a spacious split floor plan designed for comfort and privacy, featuring a generously sized primary suite, dedicated laundry room, and stylish modern finishes throughout. The open-concept living spaces offer plenty of natural light and functionality for everyday living.
The solar panel system provides excellent energy efficiency and substantial savings, with current electric costs averaging approximately $25/month. A valuable long-term benefit for homeowners seeking lower utility expenses and sustainable living.
Conveniently located near major highways, shopping, dining, Miami International Airport, Wynwood, the Design District, and Miami Beach. A rare opportunity to own a fully upgraded home with modern improvements, energy-saving features, and an unbeatable central location.
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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 16, 2026 | Sold | ||
| Sold | |||
| Nov 6, 2025 | Price Decreased |
$479,000
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Oct 21, 2025 | Listed by Fortex Realty Inc | $485,000 | |
| Listed by Fortex Realty Inc | |||
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Jan 30, 2021 | Listed by Fortex Realty Inc | $295,000 | |
| Listed by Fortex Realty Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017