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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 |
|---|---|---|---|
| Apr 13, 2024 | No longer available | - | |
| No longer available | |||
| Nov 17, 2023 | Listed by Compass Florida, LLC | $5,695,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
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Public Remarks: Lot 15B, The Bears Club building opportunity! Measuring just under 1.5 acres this expansive, oversized property is one of the last 2 available homesites located inside the walls of the most exclusive gated community in Palm Beach County. Situated on just under 400 acres the Bears Club boasts extremely low density with only 61 custom estate homes. The Jack Nicklaus signature golf course is unparalleled, but membership is not mandatory to live in the community. Centrally located close to beaches, airports, shopping, restaurants, marina's and all the spectacular amenities that define the amazing Jupiter, Florida Lifestyle. Please call for additional details.
| |||
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2021 | Listed by Compass Florida LLC | $4,175,000 | |
| Listed by Compass Florida LLC | |||
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About Bears Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017