12
Map
Undisclosed Address #7
About This Property
Fantastic opportunity to own this beautifully maintained 1-bedroom, 1-bath unit in a centrally located gated community. Just minutes from Biscayne Blvd, Publix, LA Fitness, shopping, dining, and major highways, this property offers both convenience and great investment potential.
The building features a private pool, assigned parking space, and an on-site laundry room. One of the best features is that the unit can be rented immediately after purchase, making it ideal for investors.
**No land lease** – the co-op corporation owns the land. The property is currently tenant-occupied with a **1-year lease in place**, providing immediate rental income for the new owner.
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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 |
|---|---|---|---|
| Aug 6, 2026 | Listed by Beachfront Realty Inc | $155,000 | |
| Listed by Beachfront Realty Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017