15
Map
3232 Embassy 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 18, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Listed by Home Sold Realty LLC | $2,300,000 | |
| Listed by Home Sold Realty LLC | |||
| | |||
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Step into over $1,000,000 dollars of equity by designing your dream waterfront mansion! This beautiful home sits on a 15,000 SF lot in the Presidential Estates with breathtaking views of Lake Mangonia and West Palm Beach for miles! This property is move-in ready and features 5 bedrooms, 5.5 bathrooms plus home office and 2 car garage. Dine and entertain in your connected floor plan between living and dining rooms joined with a newly-renovated state-of-the-art chef’s kitchen and stainless steel appliances. Get effortlessly between the two stories, level to level with a large in-home elevator. This property is one of the largest in the entire Presidential Estates HOA and sits at the widest point of Lake Mangonia so views are unobstructed.
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| Jun 16, 1994 | Sold | ||
| Sold | |||
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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