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16740 STRASBOURG Lane
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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.
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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 |
|---|---|---|---|
| Oct 23, 2026 | In contract | - | |
| In contract | |||
| Oct 11, 2026 | Price Decreased |
$2,600,000
↓ $150K
(5.5%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by Coldwell Banker | $2,750,000 | |
| Listed by Coldwell Banker | |||
| Jan 18, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $1,303,900 | |
| Listed | |||
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Amazing Charleston Grande floor plan available for a September / October 2017 delivery. This great home will have many upgraded features. The builder will be utilizing upgraded level 1 pavers on the driveway, entry area, and rear patio. The entire home will be constructed with impact windows and entry doors. Master bath will have porcelain tile package with the tile going to the ceiling as well as upgraded level 5 painted Maple Pebble Grey cabinets with upgraded quartz countertops, under-mount sinks and 8" spread faucets by Moen. All secondary baths will have beautiful wall tile packages. The Kitchen includes Level III A Shaker Maple Artic White cabinets stacked with and an upgraded enhancement package including upper and lower cabinet lighting, extended breakfast Quartz countertops withThe manager has listed the unit size as 3970 square feet.
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About Palm Beach
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$10,000 /mo
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$7,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017