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About This Property
This fixer-upper sits on a 7,500 SF lot with an existing 2,112 SF home ready for transformation. The property requires TLC / full renovation, offering the perfect canvas for a designer restoration or a new custom build.
Surrounded by multimillion-dollar properties, close to Lincoln Road and the beach.
All cash, sold as-is. Contact for showings. Don't bother the residents.
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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 13, 2026 | Sold | ||
| Sold | |||
| Nov 27, 2025 | In contract | - | |
| In contract | |||
| Nov 2, 2025 | Listed by Realty One Group Evolution | $1,499,000 | |
| Listed by Realty One Group Evolution | |||
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Realty One Group Evolution
Last Updated: 5 days ago
Data Source: Miami MLS, MLS# A11906381
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017