105 Lucina Drive
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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 |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Jan 5, 2024 | Listed by The Corcoran Group | $1,395,000 | |
| Listed by The Corcoran Group | |||
| | |||
|
Come check out one of the best waterfront values in Palm Beach County. This beautifully completely renovated three-bedroom, two-bath home is situated in the prestigious waterfront Hypoluxo Point Community. The home has been updated with a new roof in 2019, new impact windows and doors, and new floors throughout. The kitchen boasts a new gas range and BBQ, as well as all new Bosch appliances. Updated electrical system & bathroom plumbing. The property features a 40-foot dock with a boat lift being installed that can accommodate up to 14,000 pounds.
Outside, you'll find a newly built pool, a summer kitchen, and an inspected - up to date sea wall. With its unbeatable location near the Boynton Beach Inlet and waterfront restaurants, this home offers the perfect coastal lifestyle. Don't miss out on this incredible opportunity to own a stunning waterfront home in a prime location.
| |||
| Jun 14, 2023 | No longer available | - | |
| No longer available | |||
| May 25, 2023 | Price Decreased |
$1,495,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
| May 13, 2023 | Price Decreased |
$1,595,000
↓ $80K
(4.8%) | |
| Price Decreased | |||
Property Highlights
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About Hypoluxo Park
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$4,800 /mo
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017