8438 SW 18th 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 |
|---|---|---|---|
| Jul 28, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by Berkshire Hathaway Florida Realty | $599,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Jul 9, 2020 | No longer available | - | |
| No longer available | |||
| Mar 21, 2020 | Listed | $549,900 | |
| Listed | |||
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Virtual Tour is available!! Bring the toys, the boat, RV, pets & the family and enjoy this beautiful 4BR/3BTH/2CG pool home in Tropical Estates! This is one big house and gorgeous inside! NO HOA! Everything is ready to go, impeccably maintained inside & out! Amazing pool area w/hot tub & outside bath! Large lanai! Inside features open spacious kitchen, large family room w/fireplace, a game room, a living room combined w/dining room which is great for entertaining large groups, foyer entry w/office area! Master suite & bath is on first floor! Upstairs features 2nd & 3rd Bedrooms + an over-sized 4th bedroom/loft that can be used as a play area! 3 AC units, Insulated windows & doors, standby generator, RV pad & MORE! Fenced yard, .80 acre CITY WATER!! Minutes to 95, shopping & schools! The manager has listed the unit size as 3048 square feet.
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| May 1, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017