15
Map
24 Douglas Drive
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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 |
|---|---|---|---|
| Jun 17, 2026 | Listed by Illustrated Properties | $985,000 | |
| Listed by Illustrated Properties | |||
| Mar 15, 2023 | No longer available | - | |
| No longer available | |||
| Oct 30, 2022 | Listed by Golden Bear Realty, LLC | $998,875 | |
| Listed by Golden Bear Realty, LLC | |||
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Investor's dream! Oceanside living nestled in the exclusive town of Ocean Ridge, this elevated beachside home is a quick 3 minute walk to the beautiful & secluded soft, sandy beaches of the world renowned Palm Beaches. Ideally located only a 10 min drive to the award winning cafes, restaurants, & vibrant shops of Delray Beach. Access to Palm Beach Internatl airport a short drive away as well as world class shopping & dining in tony Palm Beach.The Raymond Floyd designed Palm Beach Par 3 Golf Course, is ranked #1 in FL and in the top 3 in the world, is just a short 10 min drive north.This is the perfect property for your interior redesign & remodel dreams. The manager has listed the unit size as 1198 square feet.
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| Dec 15, 2014 | Sold | ||
| Sold | |||
| Jan 5, 2004 | Sold | ||
| Sold | |||
Property Highlights
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About Palm Beach Shore Acres South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017