40
Map
205 Monroe Drive
About This Property
representatives including but not limited to prices, measurements, square footages, lot sizes,
calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to
errors, omissions or changes without notice. All such information should be independently verified by
any prospective purchaser or seller. Parties should perform their own due diligence to verify such
information prior to a sale or listing. Listing company expressly disclaims any warranty or
representation regarding such information. Prices published are either list price, sold price, and/or last
asking price. The listing company participates in the Multiple Listing Service and IDX. The properties
published as listed and sold are not necessarily exclusive to listing company and may be listed or have
sold with other members of the Multiple Listing Service. Transactions where listing company
represented both buyers and sellers are calculated as two sales. "No payments made until title passes"
Some affiliations may not be applicable to certain geographic areas. If your property is currently listed
with another broker, please disregard any solicitation for services. Information published or otherwise
provided by seller, listing company or its representatives is deemed reliable but are not guaranteed
and subject to errors, omissions, or changes without notice. Copyright 2025 by the listing company. All
Rights Reserved
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 17, 2025 | Sold | ||
| Sold | |||
| Mar 26, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by Premier Estate Properties, Inc | $4,795,000 | |
| Listed by Premier Estate Properties, Inc | |||
| | |||
|
Welcome to a slice of paradise nestled in the heart of West Palm Beach. This Historically Significant renovated home on a12,700+SF lot offers 5BR/3Ba in the main house & a 1BR/1Ba guest house. Timeless charm combined with modern luxury and relaxation creates your own tropical oasis where every detail has been meticulously curated for your comfort and enjoyment. Host unforgettable gatherings in the stunning outdoor spaces throughout the property. Whether you're strolling along nearby Flagler Drive or enjoying downtown activities, the beauty of South Florida living is right at your doorstep. Welcome home to paradise. All sizes and dimensions are approximate per floorplan draftsman. Buyer to independently verify all measurements.
| |||
| Jun 19, 2024 | No longer available | - | |
| No longer available | |||
| Apr 5, 2024 | Listed by Premier Estate Properties | $4,795,000 | |
| Listed by Premier Estate Properties | |||
| | |||
|
Welcome to a slice of paradise nestled in the heart of West Palm Beach. This Historically Significant renovated home on a12,700+SF lot offers 5BR/3Ba in the main house & a 1BR/1Ba guest house. Timeless charm combined with modern luxury and relaxation creates your own tropical oasis where every detail has been meticulously curated for your comfort and enjoyment. Host unforgettable gatherings in the stunning outdoor spaces throughout the property. Whether you're strolling along nearby Flagler Drive or enjoying downtown activities, the beauty of South Florida living is right at your doorstep. Welcome home to paradise. The manager has listed the unit size as 3250 square feet.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Southland Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,250 /mo
- 4 Beds
- 3 Baths
- 3,258 ft²
$6,500 /mo
- 2 Beds
- 2 Baths
- 827 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017