3009 Embassy Drive
About This Property
Perfectly positioned on a serene, tree-lined street, this property offers the ideal canvas for those looking to create their dream home, offering a unique opportunity to design and personalize every detail to your taste.
With over 3,200 living square feet this home provides ample room for family living and is brimming with potential. The backyard is an outdoor oasis. Perfect for entertaining, featuring a generous sized lanai, oversized pool/spa and open yard. The home is in a prime location by the soon to open Dutchman's Pipe Golf Club. This property is perfect for those with a vision and passion for home improvement. Whether you are looking to create your perfect family home or an experienced renovator looking for a charming project, this West Palm Beach gem is a rare find.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Listed by The Corcoran Group | $1,100,000 | |
| Listed by The Corcoran Group | |||
| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 26, 2024 | Price Decreased |
$1,195,000
↓ $105K
(8.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017