23 Teach Road
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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%.
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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.
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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Dec 3, 2023 | Listed by Seawind Realty LLC | $6,800,000 | |
| Listed by Seawind Realty LLC | |||
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Fabulous custom home on deep water canal, ready for occupancy! This 2 story 5BR 5BA, 3 car garage home boasts 100' dock to accommodate a large fishing or yachting vessel. Deep water, no fixed bridge and 15min to the Palm Beach Inlet, makes this home perfect for a boating enthusiast. The first floor in an open plan featuring chef's kitchen, Wolf appliances , large wine display refrigerator, oversized island, large wet bar with beverage center and walk-in pantry. The kitchen, dining room open to a covered patio, summer kitchen, outdoor living area, fireplace, pool and Spa. The 1st floor owners suite provides large closets and a luxury spa bath. The 2nd floor can be accessed by elevator and includes 4 BR and Club/game room. Bring the Big Boat!
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| May 8, 2023 | Sold | ||
| Sold | |||
| Feb 17, 2023 | Listed by Waterfront Properties & Club C | $2,200,000 | |
| Listed by Waterfront Properties & Club C | |||
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Bring your boat or boats & come check out this direct waterfront lot in Pirates Cove. This lot is just 4 homes off the Intracoastal & located in a multi-million dollar neighborhood. It has a 100ft dock & will accommodate up to an 80ft boat. With no fixed bridges, a deep water canal & private water views, this location makes the perfect canvas to start clean. Pirates Cove is in the heart of Palm Beach Gardens & has two entrances which makes it easy to head in the right direction. It is a short distance to many popular restaurants like River House & Carmines, is a short drive to the beautiful white sand beaches, close to all the wonderful shopping on PGA Blvd and is less than 5 mins to 95! This lot does currently have a home on it (MLS: RX-10825307) & the price reflects the lot value.
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| Aug 17, 2022 | Listed by Waterfront Properties & Club C | $2,200,000 | |
| Listed by Waterfront Properties & Club C | |||
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About Pirates Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017