247 Rilyn Drive
About This Property
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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%.
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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 8, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2023 | Listed by Douglas Elliman | $2,599,000 | |
| Listed by Douglas Elliman | |||
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Rarely available in desirable ''Soso'' and only 6 blocks south of Southern Boulevard, Rilyn is east of Olive on a quiet cul-de-sac street with a deeded path to the intracoastal waterway. This recently renovated and meticulously maintained home offers over 2700 SF of living space, top of the line kitchen appliances, renovated bathrooms, impact windows and doors, tankless hot water heater, full house generator. Offering many modern conveniences and beautiful finishes, this home is not to be missed.
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| Jul 21, 2021 | Sold | ||
| Sold | |||
| May 13, 2021 | Listed by The Corcoran Group | $1,599,000 | |
| Listed by The Corcoran Group | |||
| Jul 2, 2019 | Sold | ||
| Sold | |||
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About West Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017