16864 Matisse 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.
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 |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2024 | Listed by Compass Florida LLC | $3,299,999 | |
| Listed by Compass Florida LLC | |||
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Exquisitely decorated and FULLY FURNISHED by Clive Daniels, this sprawling one story Belvedere is ideally located on a quiet private lot in the prestigious Kensington enclave of Seven Bridges. This home showcases over $700,000 of extensive customization inclusive of luxurious marble and wood flooring, built-ins, wallpaper, designer light fixtures, window treatments and a full house generator. The turfed backyard oasis hosts a resort-style heated pool with negative edge spa and a summer kitchen with an outdoor TV set beneath a large lanai. A sophisticated, turnkey residence for the most discerning buyer. Luxury living is redefined at Seven Bridges where residents have access to world class amenities including a gourmet restaurant, 3 pools, elite tennis program and fitness classes.
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| Jun 3, 2019 | 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