2289 Edward Road
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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%.
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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.
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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 7, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | Listed by Illustrated Properties LLC (Co | $4,195,000 | |
| Listed by Illustrated Properties LLC (Co | |||
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Newly constructed in 2022, the coastal contemporary waterfront lifestyle awaits in this stunning one-story, four bedroom, four-and-a-half-bathroom home featuring 100 feet of ocean-access waterfrontage with no fixed bridges, in the heart of Palm Beach Gardens! Beyond the stately foyer with 16' ceilings, natural light washes through this perfectly appointed open concept with no detail overlooked. Entertain in the great room, celebrate in the dining area, or gather in the eat-in area off the stunning chef's kitchen featuring beautiful white cabinetry finished with Quartz counters, custom stainless-steel appliances, center island with bar seating, and hidden walk-in pantry with a wine cooler and custom shelving. Retreat to the spacious primary suite with two custom walk-in closets and featuring a tranquil spa-like primary bath with dual sinks, an incredible marble shower with numerous jets and a rain shower head, and a Roman tub. Three additional spacious bedrooms feature en-suite bathrooms and walk-in closets. Relax on the covered northern-exposure patio complete with an outdoor kitchen and retractable screens overlooking the heated, saltwater pool, spa, and waterway beyond. The paver driveway leads to a full two-car garage with custom built-in storage and finished epoxy floors. Upgrades abound: a new seawall, an indoor/outdoor Sonos sound system, custom California Closets and shelving throughout, crown molding, designer light fixtures and hardware, and much more!
Enjoy all that waterfront living in the heart of Palm Beach Gardens has to offer : considerable dockage for your waterfront toys just seconds from the main intracoastal waterway, and a short cruise to the Jupiter & Palm Beach inlets, sandbars, and waterfront dining. This unincorporated Palm Beach Gardens address provides lower property taxes and is moments from incredible beaches, shopping, dining, I-95, Florida's Turnpike, and the Palm Beach International Airport!
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| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by United Realty Group Inc. | $3,850,000 | |
| Listed by United Realty Group Inc. | |||
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WEEKS AWAY FROM COMPLETION! Full Speed Ahead to Completion for this New Construction Dream Home! Pool/Spa Complete, Stunning Limestone Pool Decking, Turf Grass, Complete Landscaping Package, Flooring and Kitchen Cabinets Installed! Don't Wait to See this Beauty!
No Fixed Bridges, in the Heart of Palm Beach Gardens. Bring Your Boat! This Property is a Stones Throw From the Intracoastal Waterway! Located in Unincorporated Palm Beach County, lower taxes, NO HOA, No Restrictions!
Over 100' of water frontage on a deep water canal, just four lots from the intracoastal waterway! Incredible improvements have been made to the site in order to get it ready for a fantastic new construction masterpiece NEW SEAWALL COMPLETE! Bring your boat- easy in and out access to the intracoastal. Builder eliminating existing septic system with bringing in new county sewer system. Abundant living space including great room, family room, formal dining room and extended covered outdoor living space perfect for entertaining! Complete with a heated pool/spa to cool off after a day on your boat. The home is being built with the best quality materials and workmanship. High impact hurricane windows and doors throughout the home allow for abundant natural daylight and picturesque views of the beautiful pool/spa, the water and your boat. The house is perfect for entertaining with a wonderful flow from the indoors to the outdoors.
The master suite includes oversized his & her closets, a spacious bathroom with a dual shower, soaking tub, and separate toilet room all finished in the highest quality marble and quartz. Enjoy relaxing in your heated spa with private access to the pool deck through your master suite. This Key West Inspired Semi-Custom Pool Home is Located Along One of the Most Desirable Waterfront Communities in Palm Beach Gardens. A True Boaters Paradise- Don't Miss Your Chance to Live Where Others Vacation
Please contact Listing Team for Floorplans and renderings
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| Mar 16, 2021 | Sold | ||
| Sold | |||
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About Palm Beach
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