2504 Embassy Drive
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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.
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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 |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | Price Decreased |
$4,695,000
↓ $100K
(2.1%) | |
| Price Decreased | |||
| Jul 25, 2025 | Listed by Leibowitz Realty Group, LLC/WPB | $4,795,000 | |
| Listed by Leibowitz Realty Group, LLC/WPB | |||
| |||
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Do Not Miss this fully renovated 4 bedroom 4.5 bath home in the Gated community of the Land of the Presidents. 5,032 SQFT of elegance and luxury with long lake views from almost every room in the house. This is the fun house with a putting green, fire pit, summer kitchen and large pool all overlooking the lake. All 3 upstairs bedrooms have a private balcony and the Primary bedroom has a sitting room/ office space, a beverage center, a huge walk- in closet and an oversized bathroom with beautiful lake views and towel warmers. The large and beautiful kitchen has Thermador Stainless Steel appliances, a large island with waterfall edges, a dining nook and a walk in pantry. The large Family Room is open to the kitchen and pool and features a wet bar with a wine cooler and ice maker. Roof was replaced in 2017 and the home also features impact glass throughout the home and a whole home generator. There is space to put an elevator if desired. Land of the Presidents sits in the heart of West Palm Beach and is close to shopping, restaurants, beaches and the airport. This large and welcoming home really is a must see!!!!
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| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | In contract | - | |
| In contract | |||
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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