88181 Old Hwy #2E
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%.
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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 |
|---|---|---|---|
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 8, 2020 | Relisted | $550,000 | |
| Relisted | |||
| Mar 7, 2020 | No longer available | - | |
| No longer available | |||
| Jul 6, 2019 | Relisted | $550,000 | |
| Relisted | |||
| Jul 5, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/25/2025
|
3 Bed
|
2 Bath
|
1593 ft²
|
$739,999
3 Bed
2 Bath
1593 ft²
|
$650,000
-12.16%
12/19/2025
|
Megan Iroff
Balistreri Real Estate Inc
| |
|
05/16/2024
|
3 Bed
|
2 Bath
|
1553 ft²
|
$1,300,000
3 Bed
2 Bath
1553 ft²
|
-
-
|
Kathy Denworth
Berkshire Hathaway HomeServices Freewheeler Realty
| |
|
04/05/2024
|
Loft
|
2 Bath
|
1553 ft²
|
$799,000
Loft
2 Bath
1553 ft²
|
-
-
|
Kathy Denworth
Berkshire Hathaway HomeServices Freewheeler Realty
| |
|
02/10/2024
|
Loft
|
2 Bath
|
1593 ft²
|
$860,000
Loft
2 Bath
1593 ft²
|
-
-
|
Kim Bagnell Thaler
Ocean Sotheby's International Realty
| |
|
02/04/2024
|
2 Bed
|
2 Bath
|
1330 ft²
|
$799,000
2 Bed
2 Bath
1330 ft²
|
-
-
|
Tom Rodriguez
American Caribbean Real Estate - Key Largo
| |
|
09/12/2023
|
3 Bed
|
2 Bath
|
1593 ft²
|
$1,125,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
Kathy Denworth
Berkshire Hathaway HomeServices Freewheeler Realty
| |
|
01/12/2024
|
3 Bed
|
2 Bath
|
1593 ft²
|
$1,125,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
Diana Lynn Fiddes
Coldwell Banker Schmitt Key Largo
| |
|
11/17/2023
|
3 Bed
|
2 Bath
|
1593 ft²
|
$1,100,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
Kathy Denworth
Berkshire Hathaway HomeServices Freewheeler Realty
| |
|
11/03/2023
|
Loft
|
2 Bath
|
1593 ft²
|
$740,000
Loft
2 Bath
1593 ft²
|
-
-
|
Kathy Denworth
Berkshire Hathaway HomeServices Freewheeler Realty
| |
|
11/03/2023
|
Loft
|
2 Bath
|
1593 ft²
|
$799,000
Loft
2 Bath
1593 ft²
|
-
-
|
Kathy Denworth
Berkshire Hathaway HomeServices Freewheeler Realty
| |
|
10/12/2023
|
Loft
|
-
|
-
|
$1,250,000
Loft
-
|
-
-
|
Kathy Denworth
Berkshire Hathaway HomeServices Freewheeler Realty
| |
|
10/04/2023
|
3 Bed
|
2 Bath
|
1553 ft²
|
$925,000
3 Bed
2 Bath
1553 ft²
|
-
-
|
Diana Lynn Fiddes
Coldwell Banker Schmitt Key Largo
| |
|
08/18/2023
|
Loft
|
2 Bath
|
1593 ft²
|
$899,000
Loft
2 Bath
1593 ft²
|
-
-
|
Jennifer Miller
LPT REALTY LLC
| |
|
08/02/2022
|
2 Bed
|
2 Bath
|
1330 ft²
|
$825,000
2 Bed
2 Bath
1330 ft²
|
-
-
|
Diana Lynn Fiddes
Coldwell Banker Schmitt Key Largo
| |
|
05/07/2022
|
3 Bed
|
2 Bath
|
1593 ft²
|
$825,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
Diana Lynn Fiddes
Coldwell Banker Schmitt Key Largo
| |
|
04/11/2022
|
3 Bed
|
2 Bath
|
1593 ft²
|
$839,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
Diane Corliss
Coldwell Banker Schmitt RE Co. Lower Keys Office
| |
|
02/24/2022
|
3 Bed
|
2 Bath
|
1553 ft²
|
$825,000
3 Bed
2 Bath
1553 ft²
|
-
-
|
Diana Lynn Fiddes
Coldwell Banker Schmitt Key Largo
| |
|
10/22/2021
|
3 Bed
|
2 Bath
|
1553 ft²
|
$825,000
3 Bed
2 Bath
1553 ft²
|
-
-
|
Melanie Zargham
BHHS EWM Realty
| |
|
09/12/2021
|
2 Bed
|
2 Bath
|
1224 ft²
|
$797,000
2 Bed
2 Bath
1224 ft²
|
-
-
|
Carolyn C Ambler
American Caribbean Real Estate - Islamorada
| |
|
06/25/2021
|
3 Bed
|
2 Bath
|
1593 ft²
|
$699,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
Kathy Denworth
Berkshire Hathaway HomeServices Freewheeler Realty
| |
|
05/15/2021
|
3 Bed
|
2 Bath
|
1593 ft²
|
$875,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
Claudette Mell
Freewheeler Realty, Inc.
| |
|
04/28/2021
|
3 Bed
|
2 Bath
|
1593 ft²
|
$725,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
Kathy Denworth
Berkshire Hathaway HomeServices Freewheeler Realty
| |
|
04/17/2021
|
3 Bed
|
2 Bath
|
1593 ft²
|
$899,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
-
| |
|
03/29/2021
|
3 Bed
|
2 Bath
|
1593 ft²
|
$949,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
-
| |
|
09/24/2020
|
Loft
|
2 Bath
|
1593 ft²
|
$595,000
Loft
2 Bath
1593 ft²
|
-
-
|
-
| |
|
09/05/2020
|
2 Bed
|
2 Bath
|
1672 ft²
|
$600,000
2 Bed
2 Bath
1672 ft²
|
-
-
|
-
| |
|
06/26/2020
|
Loft
|
2 Bath
|
1593 ft²
|
$925,000
Loft
2 Bath
1593 ft²
|
-
-
|
-
| |
|
06/25/2020
|
3 Bed
|
2 Bath
|
1593 ft²
|
$620,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
-
| |
|
05/28/2020
| |
Loft
|
2 Bath
|
1593 ft²
|
$825,000
Loft
2 Bath
1593 ft²
|
-
-
|
-
|
|
06/01/2020
|
3 Bed
|
2 Bath
|
1553 ft²
|
$450,000
3 Bed
2 Bath
1553 ft²
|
-
-
|
-
| |
|
08/02/2019
|
3 Bed
|
2 Bath
|
1593 ft²
|
$415,000
3 Bed
2 Bath
1593 ft²
|
-
-
|
-
| |
|
07/11/2019
|
3 Bed
|
2 Bath
|
1553 ft²
|
$499,000
3 Bed
2 Bath
1553 ft²
|
-
-
|
-
| |
|
06/25/2019
|
Loft
|
2 Bath
|
1553 ft²
|
$485,000
Loft
2 Bath
1553 ft²
|
-
-
|
-
| |
|
03/18/2019
|
3 Bed
|
2 Bath
|
-
|
$550,000
3 Bed
2 Bath
|
-
-
|
Alexa Wheeler
Freewheeler Realty, Inc.
| |
|
12/15/2018
|
2 Bed
|
2 Bath
|
-
|
$599,000
2 Bed
2 Bath
|
-
-
|
Alexa Wheeler
Freewheeler Realty, Inc.
| |
|
09/21/2018
|
3 Bed
|
2 Bath
|
-
|
$879,000
3 Bed
2 Bath
|
-
-
|
Alexa Wheeler
Freewheeler Realty, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017