16832 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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Aug 17, 2024 | Listed by Elite Realty of South Florida | $2,595,000 | |
| Listed by Elite Realty of South Florida | |||
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Stunningly updated Colonnade Grande model in The Bridges on a .28 acre waterfront lot! Primary Bedroom, guest room, and office all on the main floor. 3 more bedrooms(2 with attached studies), loft, and media room on the second floor. Professionally decorated with custom drapery and wallpaper. The home has all of the upgrades including: Subzero refrigerator, Viking appliances, generator, motorized blinds, Jandy saltwater pool system, summer kitchen, hardwood floors, extended driveway, full impact glass, built out closets, and 3 car garage with epoxy floors & Garage Tek storage. The Bridges offers all of the amenities for your family like 24 hr manned gate, fitness center, resort style pool with poolside cafe & bar, basketball, playground, tennis with a pro, and 'A' rated school
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| May 6, 2022 | Sold | ||
| Sold | |||
| Mar 4, 2022 | Listed by Elite Realty of South Florida | $2,599,000 | |
| Listed by Elite Realty of South Florida | |||
| Jul 26, 2017 | 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