16820 Charles River Drive
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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 |
|---|---|---|---|
| Jun 18, 2024 | No longer available | - | |
| No longer available | |||
| Apr 23, 2024 | Listed by VantaSure Realty | $2,950,000 | |
| Listed by VantaSure Realty | |||
| | |||
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The most spectacular lake front lot with direct views of the fountain. This luxurious Bassano model boasts 5, 235 square feet. Upon entering true elegance awaits in the grand foyer with 30 by 30 rectified porcelain tile floors with glass inlay and grand crystal chandelier. Step down into the living room with modern luxury and dramatic 20 foot electric fireplace, wet bar and tear drop crystal chandelier. The formal dining room with glass tile inlay custom drapes and crystal contemporary chandelier. The gourmet kitchen has custom cabinets, quartz countertops, glass backsplash, Viking appliances, six burner gas cook top, and large island. Family room and cabana bath. The grand master suite has an electric fireplace, custom drapes and view of the lake and fountain. The manager has listed the unit size as 5235 square feet.
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| Jan 6, 2020 | Sold | ||
| Sold | |||
| Mar 28, 2019 | Listed by Luxury Partners Realty | $1,224,900 | |
| Listed by Luxury Partners Realty | |||
| Mar 5, 2018 | Sold | ||
| Sold | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017