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$265,000
● House - Off Market

Margate, FL
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,091 Ft²
$264,277
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Quaint 3/2 home all original house in Margate, gated backyard great for pets.
Unit Size
1,091 Ft²
Days on Market
-
Land Size
-
Price per sqft
$243
Property Type
House
Property Taxes
$80
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Beaches MLS #F10386470)

Price History

Date / Event Date Event Price
Jul 19, 2023 Sold
Premium
Sold
Jun 7, 2023 Listed by Cole Realty $265,000
Listed by Cole Realty

Property Highlights

Parking Details
Parking Features: Covered Parking, Driveway
Interior Details
Full Bathrooms: 2
Main Level Bathrooms: 2
Interior Features: First Floor Entry
Appliances: Dryer, Electric Range, Refrigerator, Washer, Washer/Dryer Hook-Up
Flooring Type: Carpeted Floors, Laminate, Tile Floors
Dining Room: Dining/Living Room, Kitchen Dining
Exterior Details
Listing Terms: Cash
Construction Type: Slab Construction
Exterior Features: Extra Building/Shed, Fence, Room For Pool
Lot Features: Less Than 1/4 Acre Lot
Financial Details
Total Taxes: $963
Tax Year: 2022
Possession Information: At Closing
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Sewer Septic: Municipal Sewer
Location Details
Front Exposure: South
Subdivision Information: No Subdiv/Park Info
Subdivision Complex Building: SOUTHGATE FOURTH ADD
Water Access: None
Water Description: Municipal Water
Zoning Information: R-1

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

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BEACHES

Listed by: Sheeba Cole
Cole Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10386470
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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