1516 Wagner Circle
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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.
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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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | Relisted | $1,175,000 | |
| Relisted | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Price Decreased |
$1,150,000
↓ $25K
(2.1%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by Premier Listings | $1,175,000 | |
| Listed by Premier Listings | |||
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Welcome to your turnkey canal-front oasis, located just two houses from the main lake in the sought-after boating community of Lake Clarke Shores. This beautifully renovated 3-bedroom, 2-bathroom pool home perfectly combines modern luxury with the vibrant South Florida lifestyle.
Inside, you'll discover a stunning custom kitchen featuring Calacatta stone countertops, a waterfall-edge island, a dedicated coffee bar, and elegant White Caffe appliances complemented by champagne brass hardware. Impact glass throughout the home not only enhances security but also fills the space with abundant natural light.
The spa-like primary bath offers a serene escape with a freestanding soaking tub and a separate walk-in shower. Step outside to the limestone French-pattern pool deck, which inc includes a second-level concrete terrace ideal for lounging or hosting gatherings.
Sitting on an oversized 11,200 sq ft lot, this home offers plenty of space for your boat, paddleboards, jet skis, or golf cart, along with extra parking for trailers. The sleek black metal pergola defines the outdoor dining area, making alfresco living effortless.
Nestled on a quiet, family-friendly street, Lake Clarke Shores is a golf cart-friendly community with its own private police force, pickleball courts, boat ramp, and year-round town events. Plus, you're just minutes from Downtown West Palm Beach, The Square, PBI Airport, and The Park golf courseoffering everything you need to enjoy the ultimate South Florida lifestyle!
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About Lake Clarke Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017