248 Wrena Drive
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%.
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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 |
|---|---|---|---|
| Sep 17, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Listed | $249,900 | |
| Listed | |||
| | |||
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Gorgeous 2 bedroom, 2 bathroom CBS home with a beautiful pool all situated on a spacious lot with an inviting circular driveway. The kitchen was updated in 2007 and has lots of storage and counter space. The sunken living room is perfect for entertaining. The master and guest bedrooms are nicely sized. Relax after work on your big screened patio or jump into the soothing pool to cool off. The roof was replaced in 2008. The AC was replaced in 2013. The pool and fence were constructed in 2015. The property is close to the Palm Beach Outlets, I-95, PBIA, schools, restaurants and all that the West Palm Beach area has to offer. The manager has listed the unit size as 1204 square feet.
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| Jun 29, 2018 | Listed by Perez & DuBois Real Estate | $249,900 | |
| Listed by Perez & DuBois Real Estate | |||
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About Villages of Palm Beach Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017