16888 Matisse Drive
About This Property
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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%.
How much can I actually make?
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by Compass Florida LLC | $3,999,999 | |
| Listed by Compass Florida LLC | |||
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Unique opportunity to purchase a 1/2 acre property in the prestigious Kensington enclave of Seven Bridges. This sprawling 7,600 SF estate is nestled in a cul-de-sac with a tremendous south-facing, private backyard. The home features wide plank wood flooring, hurricane impact windows and a highly upgraded kitchen with Sub-Zero/Wolf appliances. The backyard oasis hosts a resort-style pool, summer kitchen, pergola, extensive custom landscaping with exotic flora and room to build a sports court - the ultimate private retreat. Luxury living is redefined at Seven Bridges where residents have access to world class amenities including a gourmet restaurant with Starbucks, resort pool, kid's splash park, lap pool, elite tennis program with 13 courts and fitness program. Pickleball coming soon.
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| Apr 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