2439 Palm Deer 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 |
|---|---|---|---|
| May 19, 2021 | Sold | ||
| Sold | |||
| Jan 11, 2021 | Listed by Florida Premier Realty of the Palm Beaches LLC | $299,000 | |
| Listed by Florida Premier Realty of the Palm Beaches LLC | |||
| Nov 20, 2020 | No longer available | - | |
| No longer available | |||
| Sep 20, 2019 | Listed | $295,000 | |
| Listed | |||
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5 acre corner lot in desirable Gated Equestrian Community of Deer Run. This lot is approximately half cleared with perimeter fencing and located on the corner of Deer Run Blvd and Palm Deer Drive making for an easy entrance into the lot with large vehicles and horse trailers! 23 miles of horse trails, located less than 10 minutes from WEF, Global and Polo Equestrian facilities! A-rated Wellington Schools. LOW HOA!
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| Sep 3, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017