2943 Polo Drive
About This Property
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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 |
|---|---|---|---|
| Feb 24, 2022 | Sold | ||
| Sold | |||
| Jan 13, 2022 | Sold | ||
| Sold | |||
| Dec 8, 2020 | Listed by The Corcoran Group | $4,800,000 | |
| Listed by The Corcoran Group | |||
| | |||
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Developer fee of 1.5% of purchase price at closing. Buyer to pay title, documentary stamps and development fees. Builder Warranty. Must use builder sale agreement -Spectacular opportunity to acquire a sensational new home built by sought after custom homebuilder, Seaside Builders. The home, located only moments to Gulf Stream School and the beach, is located at 2943 Polo Dr. and is sited on an oversized homesite affording today's sophisticated buyer the ability to enjoy the quintessential Florida lifestyle. An irresistible new chic Bermuda style home featuring 5,240 TSF 4 bedroom/4.1 baths, 2 car garage plus golf cart, and a separate guest cottage with kitchenette is designed with judicious use of space and state of the art finishes. Features include a spacious master on a private separate wing, hardwood floors throughout with custom herringbone pattern in the entry, a custom kitchen with Miele appliances, gas range, and wine cooler. The grand living area with floor-to-ceiling glass doors, open juxtaposing the outdoors with the inside space creating a feeling of the past with a look of today. The outdoor loggia makes for the ideal entertaining area with an outdoor summer kitchen and pool all surrounded by a peaceful tropical garden. . Near the dazzling shops and renowned beaches of Delray, Palm Beach and Boca Raton...This is what you have been waiting for!
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| Mar 17, 2020 | Sold | ||
| Sold | |||
| Oct 28, 2019 | Listed by The Corcoran Group | $1,950,000 | |
| Listed by The Corcoran Group | |||
Property Highlights
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Price/ft²
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About Gulf Stream
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017