246 Gregory Road
About This Property
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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 29, 2024 | Sold | ||
| Sold | |||
| Jan 5, 2024 | Listed by Compass Florida LLC | $1,399,500 | |
| Listed by Compass Florida LLC | |||
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|
Introducing an exquisite 4 bed/2 bath 'SoSo' residence with Mid-Century Modern charm! Nestled in the desirable South of Southern neighborhood, this home boasts stunning updates & meticulous upkeep. Features: all impact windows/doors, beautifully renovated kitchen, bathrooms, & laundry room, engineered bamboo flooring, a tankless gas water heater & charming fireplace. Beyond the threshold lies an enchanting tropical paradise, complete with lush native plants. The fully fenced outdoor oasis beckons with a salt/heated swimming pool & spa. Ample space for grilling, entertaining, & lounging in the shade. Walk or ride your bike along the Intracoastal Waterway/Flagler Drive. This SoSo gem is truly a must-see for those seeking a harmonious blend of comfort, style, & convenience. Minutes to South Olive Tennis Center, West Palm Golf Park, breathtaking beaches, Palm Beach, world-class dining/shopping; endless opportunities for recreation & leisure! Exciting new developments up the block along Dixie Hwy. Close to PBI Airport, Downtown WPB, Downtown Lake Worth, I-95, Brightline Station, great schools, Norton Museum of Art, PB Zoo, Science Center/Aquarium, & much more.
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| Nov 14, 2023 | No longer available | - | |
| No longer available | |||
| Nov 13, 2023 | Price Increased |
$1,595,000
↑ $95K
(6.3%) | |
| Price Increased | |||
| Nov 1, 2023 | Price Decreased |
$1,500,000
↓ $95K
(6%) | |
| Price Decreased | |||
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About Lewis Shore Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017