256 Park Avenue
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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 |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | Listed by Douglas Elliman | $3,900,000 | |
| Listed by Douglas Elliman | |||
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This 1920's bungalow, the lowest-priced single family home in Palm Beach, boasts 3 bedrooms and 3 bathrooms with a modern open floor plan. Experience its unique character through hardwood floors, high ceilings, and charming details throughout. With a formal dining room, front porch and backyard, this cottage provides space for everything one could need during the season or all year round. Perfect for hosting, it's centrally located near the beach, lake trail, top dining and shopping spots.
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| Nov 24, 2014 | Sold | ||
| Sold | |||
| Oct 13, 2014 | Listed by The Corcoran Group | $1,095,000 | |
| Listed by The Corcoran Group | |||
| Jan 23, 2002 | Sold | ||
| Sold | |||
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About Bungalow Park
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$6,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017