227 Lone Pine 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 |
|---|---|---|---|
| Jun 3, 2023 | No longer available | - | |
| No longer available | |||
| Apr 6, 2023 | Price Decreased |
$850,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Mar 29, 2023 | Listed by Keyes Company Realtors | $900,000 | |
| Listed by Keyes Company Realtors | |||
| | |||
|
HIDDEN GEM OF A COMMUNITY IN THE HEART OF PALM BEACH GARDENS. LOW TURNOVER, BEST LOT IN GATED DEVELOPMENT. NATURAL GAS, LONG LAKE VIEW, HUGE DRIVEWAY. 3/2 SPLIT PLAN WITH POOL, HIGH CEILINGS, FORMAL LIVING AND FAMILY ROOM. LOW HOA INCLUDES MOWING. ELEMENTARY SCHOOL DIRECTLY ACROSS STREET FROM COMMUNITY, WILL BE K-6 COMING SCHOOL YEAR. The manager has listed the unit size as 1971 square feet.
| |||
| Jun 3, 2014 | Sold | ||
| Sold | |||
| Jan 13, 2014 | Listed by The Keyes Company (PBG) | $338,000 | |
| Listed by The Keyes Company (PBG) | |||
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About Lone Pine
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$8,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017