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16872 Pavilion Way
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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 |
|---|---|---|---|
| Aug 21, 2026 | Sold | ||
| Sold | |||
| Aug 3, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Listed by Coldwell Banker Realty /Delray Beach | $1,875,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
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Rare Lakefront Paseo Model in Seven Bridges! Exceptional one-story situated on a premium 1/3-acre lakefront lot in the prestigious Seven Bridges community. Offering 3,249 square feet of living space, this residence features 3 bedrooms, 3 full bathrooms, 1 cabana half bath, and a 2-car garage. The open floor plan is enhanced by 12-foot ceilings, marble flooring throughout, and abundant natural light. The gourmet kitchen opens to the main living and dining areas and is complemented by a custom wet bar, making the home ideal for everyday living and entertaining. A custom illuminated wood entry feature creates a striking first impression, while fully built-out closets provide exceptional storage throughout. Enjoy Florida living from the expansive backyard featuring a saltwater pool and spa overlooking tranquil lake views. The oversized homesite offers privacy and outdoor space rarely available within the community. Additional highlights include: New dual-zone A/C system, Finished garage with custom built-ins, 360-degree perimeter security camera system Landscape lighting Custom closet systems throughout. Residents of Seven Bridges enjoy exceptional resort-style amenities, including a clubhouse, fitness center, tennis and pickleball courts, indoor and outdoor basketball, resort-style and lap pools, children's water park and playground, on-site restaurant, and 24-hour gated security. Conveniently located near shopping, dining, entertainment, and major highways.
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| Jun 19, 2026 | Price Decreased |
$1,899,000
↓ $101K
(5.1%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$1,999,999
↓ $149K
(6.9%) | |
| Price Decreased | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017