272 Thatch Palm 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.
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 |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2022 | Listed by Royal Palm Properties LLC | $19,950,000 | |
| Listed by Royal Palm Properties LLC | |||
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This one-of-a-kind, brand new, SRD Building Corp. Signature Estate is located on an oversized golf course lot within Royal Palm Yacht & Country Club, Boca Raton's most prestigious community, overlooking the 16th hole with desirable south exposure. Architecture by Jack Conway, Interior Design by P&H Interiors. The expansive floorplan offers generous room sizes including a massive clubroom, library, 2 guest bedrooms on the 1st floor, and a 5-car garage. The spacious 2nd floor primary suite offers his and her bathrooms, including an outdoor shower with sliding glass door into the his bathroom, large his and her walk-in closets and a breakfast bar. 4 other bedrooms + loft area complete the 2nd floor. This SRD Signature Estate is offered turn-key and fully furnished by the award-winning P&H Interiors design group. Buyer pays documentary stamp taxes on the deed and title insurance.
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| Dec 13, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by Royal Palm Properties LLC | $4,995,000 | |
| Listed by Royal Palm Properties LLC | |||
| Jul 22, 1999 | Sold | ||
| Sold | |||
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About Royal Palm Yacht and Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017