37
Map
3502 Washington Road
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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Jan 6, 2026 | Price Decreased |
$3,250,000
↓ $250K
(7.1%) | |
| Price Decreased | |||
| Nov 9, 2025 | Price Decreased |
$3,500,000
↓ $250K
(6.7%) | |
| Price Decreased | |||
| Sep 28, 2025 | Listed by SYKES | $3,750,000 | |
| Listed by SYKES | |||
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Rare, buildable 12,056 sqft lot in the heart of the Southland Park section of West Palm Beach. The existing home is NON-CONTRIBUTING and can be torn down, allowing for maximum design flexibility. The second floor allows for views of the Intracoastal, enhancing the property's exceptional location, just one house off the water, on esteemed Washington Road. Lot frontage is 100.5' and depth is 120'. Southland Park is zoned for the Palm Beach Island Public School District and power lines are already underground. Mature landscaping includes mango and starfruit trees. Survey, Elevation Certificate, and Inspection Reports included in Documents tab.
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Property Highlights
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About Southland Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,250 /mo
- 4 Beds
- 3 Baths
- 3,258 ft²
$7,500 /mo
- 1 Bed
- 1 Bath
- 643 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017