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$27,000
● Condo - Off Market

#310

Lauderdale Lakes, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
865 Ft²
$55,757
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

GATE COMMUNITY WITH GREAT AMENITIES IN A NICE BUILDING ASSOCIATION STATES 55+ SELLER HAS CHOICE OF TITLE
Unit Size
865 Ft²
Days on Market
-
Land Size
-
Price per sqft
$30
Property Type
Condo
Property Taxes
$100
HOA Dues
$235
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Beaches MLS #F1196724)

Price History

Date / Event Date Event Price
Dec 21, 2012 Sold
Premium
Sold
Jul 18, 2012 Listed by The Keyes Company 1 $25,900
Listed by The Keyes Company 1

Property Highlights

Elevator
Parking Details
Parking Features: 1 Space, Guest Parking
Interior Details
Full Bathrooms: 2
Interior Features: Elevator
Appliances: Electric Range
Flooring Type: Tile Floors
Exterior Details
Listing Terms: Cash Only
Construction Type: Cbs Construction
Exterior Features: Screened Porch
Financial Details
Total Taxes: $1,201
Tax Year: 2011
Possession Information: Funding
Utilities Details
Heating Type: Electric Heat
Cooling Type: Central Cooling
Location Details
Location: OAKLAND PARK BLVD, EAST OF 441 TO SOMERSET DR THRU GATE TO FORST RIGHT
Subdivision Complex Building: SOMERSET
HOA Details
HOA Fee: $235 Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

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BEACHES

Listed by: Marlenne Ocampo
The Keyes Company 1
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1196724
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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