16892 Charles River Drive
About This Property
All lot dimensions and interior measurements are approximate.
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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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| Feb 24, 2024 | Listed by Champagne & Parisi Real Estate | $2,450,000 | |
| Listed by Champagne & Parisi Real Estate | |||
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Stunning 4 bedroom + office + media room Bridges pool home! Enter grand foyer and great room with custom furnished built ins. Spectacular chef's kitchen entails a SubZero fridge, Viking appliances including double wall ovens, gas range, vented hood, dishwasher and microwave. Large eat in kitchen, island and bar seating perfect for entertaining. Gorgeous formal dining room and built in bar with fridge. Master, 2nd bedroom, office, laundry, mudroom and two half baths all conveniently located on first floor. Grand spiral wood/wrought iron staircase will lead you to an exterior front of home balcony, two ensuite bedrooms with fitted closets and a spacious media room with private balcony overlooking lush landscaping and sparkling pool that lights up beautifully at night! The Bridges recently remodeled clubhouse features over 17,000 square feet of upscale facilities and amenities with on-site property and lifestyle managers providing social activities year round. Relax poolside under the shaded cabanas or in the spa while kids play at the Splash Park, kiddie pool, shaded playground or basketball court. Stay active with the state of art fitness center, fitness studio, indoor sports court & complimentary group fitness classes.
The Bridges also features it's own full service restaurant, providing poolside service, indoor/outdoor seating and outdoor patio bar. Enjoy lunch, dinner, cocktails or even curbside pick up without leaving the community.
The Bridges Tennis Program is known for it's division teams and youth programs. Tennis players of all ages have the opportunity to participate in leagues, lessons, clinics, matches and year round tennis events with spectacular tennis pros on site! Tennis pro shop available as well.
The clubhouse features several game rooms for residents. Card room is for groups gathering for Poker, Mahjong, Bridge and more, while Gaming Lounge provides arcade games, ping pong and air hockey and Toddler Room for the younger ones to play.
You won't want to miss this opportunity to lease in a luxurious community before you buy or while you wait for your home to be built. A rated schools, minutes away to "The Ave", Boca Raton, Mizner Park, Beaches, Museums and so much more!
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| Nov 4, 2019 | Sold | ||
| Sold | |||
| Jun 2, 2019 | Listed by Compass Florida, LLC | $1,225,000 | |
| Listed by Compass Florida, LLC | |||
| Dec 31, 2014 | Sold | ||
| Sold | |||
Property Highlights
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017