2850 Wilderness Road
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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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by The Corcoran Group | $845,000 | |
| Listed by The Corcoran Group | |||
| | |||
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This stunning, fully renovated Saratoga model home is the largest floor plan in Bear Island, offering an impressive 2,271 square feet of living space. No detail has been overlooked in the extensive upgrades, which include impact windows and doors (including the garage door), luxurious 8-inch porcelain wood-plank flooring, solid wood interior doors, sleek square LED recessed lighting, and elegant plantation shutters throughout. The custom-built wall unit in the living room is a standout feature, adding both style and functionality. The chef's kitchen is a masterpiece, featuring high-end, soft-close cabinetry, quartz countertops, and top-of-the-line Bosch and Electrolux appliances. The seamless transition from the living room to the Florida room is made possible by custom glass door
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| Jan 24, 2023 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Illustrated Properties LLC | $799,000 | |
| Listed by Illustrated Properties LLC | |||
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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