208 Gleneagles Drive
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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 |
|---|---|---|---|
| Mar 12, 2024 | Sold | ||
| Sold | |||
| Jan 18, 2024 | Listed by Coastal Classic Realty | $649,900 | |
| Listed by Coastal Classic Realty | |||
| | |||
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Indulge in prestige with this gated City of Atlantis gem. Situated on a corner lot, this split floor plan oasis is designed for luxury living. The custom kitchen, adorned with fine cabinetry and granite countertops, beckons culinary delights. An entertainer's dream, it features a Florida room with a den/office area. Full hurricane impact windows & doors for your security. Custom window blinds throughout the home. Never worry about power outages with a whole-house natural gas generator. Lushly landscaped yard, and the in-ground heated pool enclosed in a large screened-in patio offer a private retreat. Three driveways provide plenty of parking room for your guests. This residence marries elegance and practicality in the heart of Atlantis - your gateway to sophisticated living. Further home features include a brand-new central a/c installed December 2023 which covers the main house. New electrical panel 2020.
The City of Atlantis is a gated and well-maintained community offering 2 championship golf courses with no membership requirements. Another benefit of the city is Kintz Park, a great place to play tennis, pickleball or attend a party or one of the city's annual sponsored events such as the Spring Fling, Egg Hunt, the Holiday Golf Cart parade, etc. The community park club room can be reserved for your birthday parties or private events. Kintz Park has picnic areas and a water park for a fun time for your family and guests! Atlantis is conveniently located close to the area's best beaches, shopping centers & restaurants, I-95, the turnpike to the West, and the Palm Beach International airport. The City of Atlantis features its own police department.
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| Nov 28, 2023 | No longer available | - | |
| No longer available | |||
| Sep 23, 2023 | Price Decreased |
$649,900
↓ $40K
(5.8%) | |
| Price Decreased | |||
| Sep 6, 2023 | Price Decreased |
$689,900
↓ $10K
(1.4%) | |
| Price Decreased | |||
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About Atlantis
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$2,500 /mo
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$2,500 /mo
- 3 Beds
- 1 Bath
- 1,924 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017