87
Map
1620 S Ocean Boulevard
About This Property
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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 |
|---|---|---|---|
| Nov 9, 2026 | Sold | ||
| Sold | |||
| Oct 19, 2026 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Listed by Christian Angle Real Estate | $59,500,000 | |
| Listed by Christian Angle Real Estate | |||
| Jul 9, 2019 | Sold | ||
| Sold | |||
| May 4, 2018 | Listed by The Corcoran Group | $15,900,000 | |
| Listed by The Corcoran Group | |||
| | |||
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Prime Oceanfront Home with views, glorious beach, quality, ''nearly'' new state of the art construction, totally turnkey and easy! Terrific 6BR floor plan, well proportioned interior spaces surround a stunning pool, outdoor loggia area, perfect for entertaining and casual living. Modern living concepts with kitchen/breakfast opening onto family room, 2 luxury baths in oversized master BR, with generous closet space.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017