238 Bamboo Road
About This Property
Finally, the estates renovations include: a new metal roof with energy efficient foam insulation, hurricane impact windows and doors, updated Elctrical system, upgraded plumbing with multiple shutoff valves, screened patio with cypress ceiling, 2 car stack garage, new exterior stucco and fresh paint inside and out.
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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 |
|---|---|---|---|
| Apr 24, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $699,000 | |
| Listed | |||
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This custom-built Palm Beach Shores home, situated on a 0.32 acre lot, offers endless opportunities; including vast expansion possibilities. The interior of the house boasts 3 bedrooms and 2.5 bathrooms, a split floor-plan, custom designed kitchen stainless with steel appliances and granite counter tops.Finally, the estates renovations include: a new metal roof with energy efficient foam insulation, hurricane impact windows and doors, updated Elctrical system, upgraded plumbing with multiple shutoff valves, screened patio with cypress ceiling, 2 car stack garage, new exterior stucco and fresh paint inside and out.The manager has listed the unit size as 2005 square feet.
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| May 30, 2017 | Listed by Keller Williams Realty/P B | $599,000 | |
| Listed by Keller Williams Realty/P B | |||
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About Palm Beach Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017