990 NE 3rd 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 20, 2015 | Sold | ||
| Sold | |||
| May 1, 2015 | Listed by Castles By The Beach, Inc. | $499,000 | |
| Listed by Castles By The Beach, Inc. | |||
| | |||
|
THIS HOUSE HAS BEEN GUTTED FOR A REMODEL AND THE OWNER CHANGED DIRECTION. READY FOR AN EASY DEMO. 80 X 107 FT LOT. NEW HOMES BEING BUILT ALL AROUND THE AREA. VERY AFFORDABLE!
THIS LISTING IS SUBJECT TO ERROR, OMISSION AND CHANGE WITHOUT NOTICE - SIZES APPROXIMATE AND SUBJECT TO ERROR - ALL INFORMATION MUST BE CONFIRMED BY BUYER.
| |||
| Mar 5, 2015 | Listed by Castles By The Beach, Inc. | $499,000 | |
| Listed by Castles By The Beach, Inc. | |||
| Aug 28, 2014 | Sold | ||
| Sold | |||
| Aug 22, 2014 | Listed by Castles By The Beach, Inc. | $499,000 | |
| Listed by Castles By The Beach, Inc. | |||
Property Highlights
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About Boca Villas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017