2044 Normandy Circle
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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 |
|---|---|---|---|
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Dec 19, 2023 | Listed by Village Realty Group LLC | $549,000 | |
| Listed by Village Realty Group LLC | |||
| | |||
|
Exceptional 5 bedroom home in the heart of West Palm Beach! This spacious 2-story residence boasts over 2,400 SF under air, master suite downstairs, formal living and family rooms, newer a/c (installed in 2023), hurricane impact sliding glass doors, and keyless garage entry. This inviting home boasts beautiful large tile on first floor, updated kitchen with French style cabinets, granite counter tops, decorative tile backsplash, and Whirlpool & Frigidaire appliances. Separate laundry room is equipped with LG Front Load Washer and Dryer. Downstairs powder room tastefully redone. Large master suite conveniently located on 1st floor leads out to your screened and covered patio, boasts huge walk-in closet and leads to luxurious master bath with dual sinks, granite counters, separate tub shower with decorative accent tile throughout. Generous upstairs living offers 4 separate bedrooms, each with fans and ample closet space. Beautiful guest bath with large vanity, dual sinks and mirrors, updated lighting and walk-in shower. Enjoy entertaining from your covered and screened patio with private backyard fully fenced - tons of room for a pool! RENT IMMEDIATELY! NO WAITING OR RESTRICTIONS! Centrally located to downtown West Palm Beach, shops and restaurants, minutes to PBI Airport, BallPark of the Palm Beaches, Kravis Center & more!
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| Dec 12, 2023 | No longer available | - | |
| No longer available | |||
| Dec 8, 2023 | Price Decreased |
$550,000
↓ $40K
(6.8%) | |
| Price Decreased | |||
| Nov 21, 2023 | Price Decreased |
$590,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
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About Villages of Palm Beach Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017