234 Edgewood Drive
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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 |
|---|---|---|---|
| Nov 3, 2021 | Sold | ||
| Sold | |||
| Aug 28, 2021 | Listed by The Corcoran Group | $1,425,000 | |
| Listed by The Corcoran Group | |||
| | |||
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Charming, light filled, two story, 1935 colonial pool home, situated on a generous 0.29 acre lot. Located in the heart of Southland Park, nestled between historic El Cid and the South End, this spacious home offers 3 bedrooms and 1.1 updated baths in the main house and 1 bedroom, 1 updated full bath in the guest house. Additional features include partial impact glass windows, fireplace, Chicago brick driveway, hardwood floors, family room/office, sizable patio and washer/dryer conveniently located upstairs. Renovated open kitchen with separate dining area and bar seating is equipped with Cafe French Door double oven, Dacor stove with pot filler, Edgestar wine cooler, GE dishwasher, Kitchen Aid refrigerator, stainless steel farmhouse sink and granite countertops. Property has great potential with room for expansion or opportunity for a vacation home. Steps away from Flagler Drive's walking/biking trails and the Intracoastal. Walking distance to fabulous restaurants and minutes away from Palm Beach, Worth Avenue, downtown West Palm Beach, Rosemary Square, gorgeous beaches, wonderful parks and numerous cultural attractions such as The Kravis Center, newly renovated Norton Museum of Art, South Florida Science Museum, the Palm Beach Zoo and more. Minutes from PB International Airport, I-95 and Brightline.
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| Jan 9, 2021 | No longer available | - | |
| No longer available | |||
| Dec 28, 2020 | Listed by William Raveis Real Estate | $1,300,000 | |
| Listed by William Raveis Real Estate | |||
| Dec 30, 2014 | Sold | ||
| Sold | |||
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About Southland Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017