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236 Flagler Lane
About This Property
Motivated Seller.
236 Flagler Lane is located in Northwood Shores at the end of Cul De Sac right by the Intracoastal. The Northwood area is Palm Beach County's fastest growing and desired neighborhood.
The home Includes, Spacious Living Room Area, 9,000+ Sq Ft Lot, 2 Car Garage, Full Impact Glass and 2,400+ Living Sq Ft.
A 2 minute drive from Downtown West Palm Beach, and Palm Beach Island where you can access fine dining and the famous east coast Florida beaches.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by Illustrated Properties | $1,395,000 | |
| Listed by Illustrated Properties | |||
| Nov 30, 2022 | No longer available | - | |
| No longer available | |||
| Nov 5, 2022 | Price Decreased |
$1,350,000
↓ $45K
(3.2%) | |
| Price Decreased | |||
| Oct 8, 2022 | Price Decreased |
$1,395,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
Property Highlights
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About Flagler Lane
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017