135 Hammocks Drive
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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 26, 2018 | Sold | ||
| Sold | |||
| May 1, 2016 | Sold | ||
| Sold | |||
| Apr 14, 2016 | Listed by Coldwell Banker Realty | $222,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Immaculate home with volume ceilings in all rooms, split floor plan with 2 master bedroom suites in the highly desirable community of River Bridge. Plantation shutters throughout the home. Eat-in kitchen with pull-out cabinet drawers & beautiful French doors that lead to a screen enclosed covered patio. You can easily convert 1 of 2 master bedroom suites into a 3rd bedroom. Home has new seamless gutters & was recently painted inside & out. Complete set of accordion hurricane shutters. Feels like a new home with many newer items: A/C compressor - 2015, A/C handler - 2012, hot water heater - 2015, washer/dryer - 2015, kitchen appliances - 2015 & more. HOA includes lawn care, cable & irrigation. This move–in ready home comes with a home warrantee. River Bridge is a beautifully landscaped guard gated community. The clubhouse has a 300 seat performance center & is the hub of many club & social activities. Other amenities include 2 heated pools, kiddle pool, full fitness center, 2 shuffleboard courts, children's playground, bocce ball court & 6 tennis courts.
River Bridge is centrally located & close to the Wellington Green Mall, public golf courses, movie theaters & many restaurants. Convenient access to I95, the Florida Turnpike & is only minutes to the Palm Beach International Airport.
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| Oct 14, 2015 | Sold | ||
| Sold | |||
| Jul 28, 2015 | Listed by BEX Realty, LLC | $214,900 | |
| Listed by BEX Realty, LLC | |||
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About River Bridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017