331 Regatta Drive
About This Property
Admiral's Cove staff offers the highest levels of professional service.
The community is in close proximity to the Intracoastal, Atlantic Ocean 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%.
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 |
|---|---|---|---|
| Oct 15, 2020 | Sold | ||
| Sold | |||
| Dec 2, 2019 | Listed by Waterfront Properties & Club C | $1,895,000 | |
| Listed by Waterfront Properties & Club C | |||
| | |||
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Perfect opportunity to move into Admirals Cove and enjoy the lifestyle it has to offer. This home was remodeled and has the desired combination of an open floor plan and modern touches. Beautiful limestone floors, custom cabinetry, top of the line appliances, impact windows, a gas fireplace are just a few features the home has to offer. Those that love outdoor living this home has a screened in patio looking south out to the waterways and pleasing landscaped pool area. Boaters will love the quick access out to the intracoastal. A must see this one won't last.
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| Jan 5, 2015 | Sold | ||
| Sold | |||
| Jul 3, 2013 | Listed by The Sheehan Agency | $1,595,000 | |
| Listed by The Sheehan Agency | |||
| Oct 22, 2004 | Sold | ||
| Sold | |||
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About Admiral's Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017