135 Gulfstream Road
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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%.
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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 |
|---|---|---|---|
| Jun 12, 2023 | Sold | ||
| Sold | |||
| Jan 26, 2021 | No longer available | - | |
| No longer available | |||
| Jan 24, 2021 | Relisted | $21,500,000 | |
| Relisted | |||
| Jan 23, 2021 | No longer available | - | |
| No longer available | |||
| Jul 28, 2020 | Listed | $21,500,000 | |
| Listed | |||
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Proudly presenting Palm Beach living at its finest with an A+ location. This newly renovated home is being offered fully furnished as a turnkey opportunity with exquisite interiors by Kemble. The stunning Estate Section property is ideally located on the ocean block and only two streets south of Worth Avenue. Situated on an oversized 17,242 +/- square foot lot, the 8,288+/- residence was completely renovated down to the studs with only the highest quality finishes. The property is comprised of 6 bedrooms, 8 full baths, and 2 half baths, with a large kitchen / family room, a beautiful green tiled pool, a spa, cold plunge, two outdoor loggias, wonderful green space and terraces for additional entertaining, a cabana with bar opening to the pool, a large gym, a library, sun room, living The manager has listed the unit size as 6577 square feet.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017