323 Ridge Road
About This Property
Paver patio in back and side yard. All impact windows. Skylights (impact).
All tile newly cleaned and sealed.
Newer roof. Foyer entry. Vaulted Ceilings.Custom ceiling fans. Tile throughout all living areas and kitchen.Bright kitchen with white cabinetry. Wall to wall sliders in living room. His and hers closets in master bedroom. His and hers vanities in master bath. Loft area in one of the guest bedrooms. 2 car gar with shelving. Amenities include, Olympic size pool, children's wading pool, tennis court, pickleball court, basketball court and playground.
Close to beaches, fine dining and entertainment.
Easy access to major highways and Palm Beach international Airport.
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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 |
|---|---|---|---|
| Oct 1, 2018 | No longer available | - | |
| No longer available | |||
| Sep 28, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | Listed | $600,000 | |
| Listed | |||
| | |||
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Location! Location! Location! Walk to the beach from this pristine 3 bedroom 2 bath home in The Ridge at the Bluffs. It is located on the highest elevation in Palm Beach County and backs up to a nature preserve. Year built 1985. Total sq.ft.2663. Total A/C 1889. East Exposure (backyard). Fully fenced expanded back and side yard. Wide paver driveway and walkway to front door.Paver patio in back and side yard. All impact windows. Skylights (impact).All tile newly cleaned and sealed.Newer roof. Foyer entry. Vaulted Ceilings.Custom ceiling fans. Tile throughout all living areas and kitchen.Bright kitchen with white cabinetry. Wall to wall sliders in living room. His and hers closets in master bedroom. His and hers vanities in master bath. Loft area in one of the guest bedrooms. 2 car gar The manager has listed the unit size as 1889 square feet.
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| Jul 30, 2018 | Listed by The Keyes Company (PBG) | $600,000 | |
| Listed by The Keyes Company (PBG) | |||
| Feb 7, 2002 | Sold | ||
| Sold | |||
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About The Bluffs
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The Keyes Company (PBG)
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10451592
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