25
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1 Kenmore Lane
About This Property
Located a mere 300 steps from the sandy shores, offering quick beach access: A brand-new Kitchen; a newly installed, high-efficiency air conditioning unit; a modern gas water heater unit ensuring reliable and efficient service; hurricane impact-resistant windows for increased safety and energy efficiency; a new fence providing privacy and security for the entire property
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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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by Capital Group Realty of South Florida | $1,250,000 | |
| Listed by Capital Group Realty of South Florida | |||
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Homebuyers looking for a customizable beachside home with investment potential. Developers and investors interested in multifamily properties for rental or resale. This Seaside Serenity Property, represents a rare opportunity to acquire a partially remodeled home With a host of new upgrades and high-density multifamily zoning, this property offers flexibility and potential for personal enjoyment and investment.Located a mere 300 steps from the sandy shores, offering quick beach access: A brand-new Kitchen; a newly installed, high-efficiency air conditioning unit; a modern gas water heater unit ensuring reliable and efficient service; hurricane impact-resistant windows for increased safety and energy efficiency; a new fence providing privacy and security for the entire property
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| Oct 12, 2023 | Sold | ||
| Sold | |||
| Oct 13, 1998 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017