1107 Periwinkle Lane
About This Property
Through the private gate, the main residence welcomes you with 12' ceilings, 3 bedrooms, 2 baths, multiple entertaining areas, and an open kitchen with quality wood cabinetry. Custom floorplan allows each
bedroom to overlook the peaceful courtyard. The private-entry guest house is accessed via the garden or pool area, and contains a full kitchen, bath, and 2 additional flex rooms to be utilized any way you choose.
The 2 structures meet alongside the gas-heated Saltwater Pool and Spa, covered lounge areas, and al fresco dining nooks. 1107 Periwinkle Lane offers endless possibilities; multi generational living, complete on site work space, extensive wellness studio, rental opportunity, or ample accommodations for guests. Minutes from the famed Atlantic Ave, Lake Ida Park, countless local restaurants and Delray Beach, voted #1 Best Beach in Florida. The integrity of this grand property is uncompromised, built in 2000 and increased in 2009,bring your imagination and make it your own.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 10, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by The Corcoran Group | $2,125,000 | |
| Listed by The Corcoran Group | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Fairacre
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
- 3 Beds
- 2 Baths
- 1,558 ft²
$6,000 /mo
- 2 Beds
- 2 Baths
- 1,741 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017