16688 Narrows Drive
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 |
|---|---|---|---|
| Apr 4, 2024 | Sold | ||
| Sold | |||
| Jan 9, 2024 | Listed by Waterfront Properties & Club C | $2,350,000 | |
| Listed by Waterfront Properties & Club C | |||
| Jul 6, 2023 | No longer available | - | |
| No longer available | |||
| Apr 19, 2023 | Price Decreased |
$2,398,800
↓ $230K
(8.8%) | |
| Price Decreased | |||
| Mar 20, 2023 | Listed by Tauber Real Estate Services, LLC | $2,628,800 | |
| Listed by Tauber Real Estate Services, LLC | |||
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If you are seeking a breathtaking serene setting this stunning updated and expanded home has water views everywhere. Large open spaces plus both an office and a den create an ideal Floorplan for both entertaining or quietly reading a book or watching tv. A gourmet center island kitchen with custom wood and glass cabinets, granite countertops, a Sub-Zero refrigerator, two Miele dishwashers, two wine coolers, an insta-hot faucet, a built-in warming drawer and a walk-in pantry should make every cook happy. The neighborhood community pool is just down the street. Jonathan's Landing is a sought after gated golf community where membership is not Mandatory. Close to the Beach, Restaurants, Shopping and West Palm Airport. Come see in person! The manager has listed the unit size as 4373 square feet.
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About Jonathan's Landing
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
- 2 Beds
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- 1,063 ft²
$9,000 /mo
- 3 Beds
- 3 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017