18468 SE Heritage 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%.
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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 |
|---|---|---|---|
| Sep 3, 2020 | Sold | ||
| Sold | |||
| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Feb 3, 2020 | Listed by Illustrated Properties LLC (Co | $1,249,000 | |
| Listed by Illustrated Properties LLC (Co | |||
| Jan 18, 2020 | Price Decreased |
$1,299,000
↓ $50K
(3.7%) | |
| Price Decreased | |||
| Aug 5, 2019 | Listed | $1,349,000 | |
| Listed | |||
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Heritage Oaks is deeply rooted in the history of the North Fork of the Loxahatchee River. This beautiful waterfront 4/3/2 home has many custom features. It is a great place to entertain inside or out. Great water views and wildlife sightings. Extra features include: over-sized 2 car garage, wood burning fireplace, abundant lovely wood kitchen cabinets, granite in kitchen and baths, oak wood and travertine marble floors, two separate sink preening area in master, Howell humidifier, central vacuum, Orchid House and boat dock with whips. The neighborhood advantages include: beautiful oak lined streets, large lake, locally famous tennis program, cable, ADT security and trash pick-up from garage doors. Take your boat for evening sunsets on the Loxahatchee or early morning ocean fishing. The manager has listed the unit size as 3052 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017