218 La Puerta Way
About This Property
See disclaimer in Supplement. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations & statistics have been obtained & conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company is subject to errors, omissions or changes without notice & should be independently verified by any prospect for the purchase of a Property. The Sellers & Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written & verbal information is acknowledgement of this disclaimer & that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale & purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Copyright 2018 Listing Company. All Rights Reserved.
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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 |
|---|---|---|---|
| Jun 30, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2020 | Sold | ||
| Sold | |||
| Dec 1, 2018 | No longer available | - | |
| No longer available | |||
| Nov 21, 2018 | Listed | $8,395,000 | |
| Listed | |||
| | |||
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Premium new construction located Palm Beach's north-end. Expected completion Spring 2019. The manager has listed the unit size as 4467 square feet.
| |||
| Apr 10, 2017 | Sold | ||
| Sold | |||
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About El Encanto
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017