31
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1088 Grove Park Circle
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Listed by Serhant | $659,000 | |
| Listed by Serhant | |||
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Motivated Seller! Take advantage of this incredible opportunity, seller is willing to contribute up to $5,000 toward buyer closing costs, helping make homeownership even more affordable. Where else can you purchase a home that is 5 bedrooms + den area, over 3000 sq ft, in Palm Beach County, Florida at this price point in a gated community? Welcome to this exceptional 5-bedroom, 3.5-bathroom waterfront residence in Palmyra Estates, Boynton Beach. This two-story single-family home offers 3,119 square feet of finished living space, providing ample room for comfortable living or work at home opportunities. Add your touch to this expansive layout with tall ceilings and lots of natural light. The property features a two-car garage for convenient parking and vehicle storage. Positioned on waterfront property, this home captures a unique setting that enhances its appeal and lifestyle possibilities. Located in the Palmyra Estates community, this residence presents a wonderful opportunity for those seeking a spacious waterfront home in Boynton Beach. Well kept, manicured community that is gated with a lovely pool and clubhouse.
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| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Price Decreased |
$649,900
↓ $15K
(2.3%) | |
| Price Decreased | |||
Property Highlights
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About Nautica Sound
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017