16 Bayview Terrace
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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 |
|---|---|---|---|
| Apr 8, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | Listed by Illustrated Properties LLC (Jupiter) | $1,490,000 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
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A rare find in this highly sought after Bayview neighborhood in the Village of Tequesta. This custom designed home is located on a cul de sac and has 4 bedrooms, 3 bathrooms, an incredible pool/patio area plus a 3 car garage. The roof is newer and most windows are hurricane impact. Enjoy cooking on your gas stove and entertaining in this open split floor plan with volume ceilings and high end finishes. Many upgrades come in this dream home including plantation blinds, a water filtration system, central vacuum, generator, wood flooring, tray ceilings, cabana bathroom, spacious patio area, side yard with mature fruit trees of mango, fig and avocado! The yard is fully fenced. The exterior was freshly painted! Pride in home ownership truly shows here. All sizes approximate. Buyer to verify.
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| Sep 19, 2016 | Sold | ||
| Sold | |||
| Feb 21, 2012 | Sold | ||
| Sold | |||
| Jan 17, 2012 | Listed by Frankel Realty Group, LLC | $600,000 | |
| Listed by Frankel Realty Group, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017