282 Cape Cod Circle #A
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.
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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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Price Decreased |
$129,000
↓ $2K
(1.5%) | |
| Price Decreased | |||
| Jan 16, 2026 | Listed | $131,000 | |
| Listed | |||
| |||
|
Desirable corner unit villa with 2 bedrooms and 2 full bathrooms is located in the 55+ community of Covered Bridge. Spacious eat-in kitchen has loads of cabinets and counter space along with a passthrough to the dining area. Being a corner unit, there are additional windows allowing for more natural light. The en-suite primary bedroom features a full shower and plenty of closet space.The guest bathroom features a bathtub and shower combo. Enjoy an enclosed patio that leads to the backyard area and additional guest parking. Covered Bridge is a pet friendly, active adult community with an abundance of clubhouse and outdoor amenities as follows: 2 large pools, tennis/pickleball courts, fitness center, shuffleboard, bocce ball, card room, library, auditorium, workshop, outdoor picnic area... ...picnic area and much, much more. Conveniently located near many shopping venues, restaurants and is only minutes to PBIA, Florida's Turnpike and everything the Palm Beaches has to offer.
| |||
| May 14, 2025 | Price Decreased |
$154,900
↓ $10K
(6.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/16/2026
|
2 Bed
|
2 Bath
|
941 ft²
|
$131,000
2 Bed
2 Bath
941 ft²
|
$123,000
-6.11%
03/27/2026
|
Lynn Arlene Barwald
Coldwell Banker Realty
| |
|
08/07/2023
|
2 Bed
|
2 Bath
|
941 ft²
|
$179,000
2 Bed
2 Bath
941 ft²
|
-
-
|
Brenda Jeanne White
Atlantic Florida Properties Inc
| |
|
12/16/2014
|
2 Bed
|
2 Bath
|
1053 ft²
|
$64,500
2 Bed
2 Bath
1053 ft²
|
$65,500
+1.55%
01/20/2015
|
Roland Amateis
Atlantic Florida Properties Inc
|
Building Info
About Covered Bridge Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017