3300 Polo Drive
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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.
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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 28, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Listed by The Corcoran Group | $13,995,000 | |
| Listed by The Corcoran Group | |||
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Rarely available Polo Cove exceptional waterfront estate in the heart of Gulf Stream offering 150' of frontage on a protected cove just off the Intracoastal Waterway. Spanning 6,283 total square feet, this residence, designed and rebuilt by Bill Wietsma, features Venetian plaster finishes, richly detailed wood ceilings, and resort-inspired interiors with refined finishes throughout. The residence includes a waterfront living room and family room, each with a fireplace, a formal dining room, and a chef's kitchen with Wolf and Sub-Zero appliances, oversized island, two dishwashers, wine cooler, and warming drawer. Nearly every principal room captures sweeping Intracoastal views. The home offers a luxurious first floor primary suite, guest suite, second floor private guest suite, and custom office/den. Tropical landscaping frames a private pool and expansive loggia with a fully equipped outdoor kitchen, providing generous space for entertaining or quiet evenings along the water. Ideally located moments from Gulf Stream's beaches and the shopping and dining of Delray Beach and Palm Beach. A rare opportunity to enjoy protected waterfront living in the heart of Gulf Stream.
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| Feb 11, 2016 | Sold | ||
| Sold | |||
| Jan 11, 2016 | Listed by The Corcoran Group | $4,795,000 | |
| Listed by The Corcoran Group | |||
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About Polo Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017