55
Map
175 S Broadway
About This Property
Great Mid century CBS block house in a dynamic and growing part of Palm Beach !! 1 mile from the beach, 1/2 mile to waterfront dining and public boat ramp!
Home sits on a large corner lot and features a newer roof, installed in 2019 , A/C replaced in 2017 , Cast Iron drain pipes were cleaned and re-lined in 2013. Original Terrazzo floors in living room and 2 bedrooms. Zoned Multi Family so lots of options!
No carpet anywhere and Freshly painted inside. This home is ready for you to make it your own!
2 Sheds on property, one with power and AC
Make this Your Home by the Beach!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017