150 Pineapple Road
About This Property
Upstairs, a relaxing loft provides a home entertainment destination with filtered sunlight and a cozy space for TV and games. Three additional bedrooms and two connected bathrooms are tucked seamlessly of this quiet, secluded story, with private windows overlooking the lush backyard and pool. Throughout the home, traditional architecture meets nature-inspired flourishes for an aesthetic that is uniquely Floridian and dreamily sophisticated. With a three-car garage and ample storage space, elegant finishes, and premium appliances, this home is designed with luxurious comfort in mind. Buyer pays 1.5 Builder fee. subject to HOA
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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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | Listed by Premier Estate Properties, Inc | $4,000,000 | |
| Listed by Premier Estate Properties, Inc | |||
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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017