9920 Collins Ave #21
About This Property
The manager has listed the unit size as 1005 square feet.
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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 |
|---|---|---|---|
| Jan 20, 2021 | No longer available | - | |
| No longer available | |||
| Jan 8, 2021 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
| Dec 12, 2020 | Listed | $425,000 | |
| Listed | |||
| | |||
|
PRIVATE DEEDED ROOFTOP TERRACE AREA is included with this unique 2/2 in a beautiful Bal Harbor boutique building. Magnificent location just steps from the beach, and to Bal Harbor mall. Just 23 units in this well maintained building, and this is one of just two penthouse units on the 3rd floor. The rooftop terrace offers a huge entertaining area boasting stunning views with even a sneak peak of the ocean. As a corner unit it offers a lot of natural light and could be a great vacation home, or forever home with top schools in the district. The building has low maintenance fees, is financially stable, pets allowed, parking, great location, and rentals allowed (minimum 6 months). Come see this Bal Harbor gem for yourself. The manager has listed the unit size as 1005 square feet.
| |||
| Dec 8, 2020 | No longer available | - | |
| No longer available | |||
| Jun 21, 2020 | Relisted | $425,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/24/2023
|
2 Bed
|
2 Bath
|
965 ft²
|
$550,000
2 Bed
2 Bath
965 ft²
|
-
-
|
Leon Weinschneider
Optimar International Realty
| |
|
03/07/2022
|
2 Bed
|
2 Bath
|
965 ft²
|
$498,000
2 Bed
2 Bath
965 ft²
|
-
-
|
Carolina Battafarano
Binter Real Estate
| |
|
01/04/2022
|
Studio
|
1 Bath
|
256 ft²
|
$200,000
Studio
1 Bath
256 ft²
|
-
-
|
Andrei Karpov
Keller Williams Eagle Realty
| |
|
01/18/2021
|
2 Bed
|
2 Bath
|
1005 ft²
|
$399,000
2 Bed
2 Bath
1005 ft²
|
-
-
|
Michael Light
Douglas Elliman
| |
|
12/12/2020
|
2 Bed
|
2 Bath
|
1005 ft²
|
$425,000
2 Bed
2 Bath
1005 ft²
|
-
-
|
Vicky Politi
Elite Ocean View Realty LLC
| |
|
03/07/2020
|
2 Bed
|
2 Bath
|
1005 ft²
|
$450,000
2 Bed
2 Bath
1005 ft²
|
-
-
|
Vicky Politi
Elite Ocean View Realty LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017