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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 20, 2025 | Listed | $814,900 | |
| Listed | |||
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Fantastic 3/2/2 Pool Home on Bear Island - a tree lined, 24/7 Guard-Gated Community. Absolutely pristine with spacious rooms,10-foot ceilings with crown moldings. A great Kitchen area with Granite and SS Appliances, Split floor plan, this property features a beautifully landscaped pool and patio area. Comes partially Furnished, additional furniture is negotiable.
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| May 24, 2024 | No longer available | - | |
| No longer available | |||
| Dec 19, 2023 | Listed by Exp Realty LLC | $865,000 | |
| Listed by Exp Realty LLC | |||
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Motivated Seller! Private one level living Palm Beach Style! Welcome to Bear Island in desirable West Palm Beach - a tree-lined 24/7 manned gated Community. You'll love this stunning ''Palm Beach'' inspired 3 bedroom partially furnished home w/spacious rooms, volume ceilings, surround sound & crown moldings throughout. Gorgeous Kitchen & baths. Beautifully landscaped private patio area w/awning. No annoying golf path traffic or sprinklers in your back yard! Minutes to PBI Airport. Explore Palm Beach Island shopping /restaurants, Lake Trail & trendy downtown West Palm /Rosemary Square & Marina. West Palm is becoming the financial mecca of southeast Fl - restaurants, Kravis Ctr For The Performing Arts, Brightline high speed train to Ft Lauderdale, Miami, Orlando! Golf membership NOT require The manager has listed the unit size as 1973 square feet.
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| Dec 4, 2023 | No longer available | - | |
| No longer available | |||
| Sep 28, 2023 | Listed by LPT REALTY | $865,000 | |
| Listed by LPT REALTY | |||
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One level living, Palm Beach Style! Welcome to Bear Island in desirable West Palm Beach - a tree lined, 24/7 manned gated Community. You'll love this stunning ''Palm Beach'' inspired 3 bedroom partially furnished POOL home w/spacious rooms, volume ceilings, surround sound & crown moldings throughout. Gorgeous Kitchen & baths. Beautifully landscaped private patio area w/awning. No annoying golf path traffic or sprinklers in your back yard! Minutes to PBI Airport. Explore Palm Beach Island shopping /restaurants, Lake Trail & trendy downtown West Palm Beach /Rosemary Square & Marina. West Palm is becoming the financial mecca of southeast Fl - tons of restaurants, Kravis Center For The Performing Arts, Brightline high speed train to Ft Lauderdale, Miami, Orlando! Golf membership not required The manager has listed the unit size as 1973 square feet.
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About Villages of Palm Beach Lakes
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Logan Realty Inc
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R9995963
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017