16938 Pavilion -Lot 38 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.
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 |
|---|---|---|---|
| Apr 3, 2024 | No longer available | - | |
| No longer available | |||
| Dec 1, 2023 | Listed by LOCAL Real Estate Co | $2,350,000 | |
| Listed by LOCAL Real Estate Co | |||
| | |||
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Come see this rarely available Paseo Model in the highly sought after community of Seven Bridges. As soon as you step inside, you're greeted by 13-foot ceilings that exude a sense of spaciousness and airiness, complemented by the opulence of marble floors throughout. The home sits on an oversized lot, gracing you with serene lake views that create a picturesque backdrop to everyday living. One of the highlights of this magnificent property is the captivating saltwater heated pool, perfect for unwinding or entertaining guests in style. Enjoy the bliss of a resort-like atmosphere right in your backyard, accentuated by the tranquility of the surrounding landscape.Experience the epitome of privacy and security in this gated community. Revel in the array of amenities at your fingertips The manager has listed the unit size as 3249 square feet.
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| Mar 16, 2016 | Sold | ||
| Sold | |||
| Apr 23, 2015 | Listed by Realty Associates/Boca Raton | $899,900 | |
| Listed by Realty Associates/Boca Raton | |||
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About Palm Beach
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Realty Associates/Boca Raton
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10130475
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017