9
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360 W Alhambra Place
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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 |
|---|---|---|---|
| Dec 29, 2025 | Price Decreased |
$1,535,000
↓ $40K
(2.5%) | |
| Price Decreased | |||
| Nov 1, 2025 | Listed | $1,575,000 | |
| Listed | |||
| | |||
|
Palm Beach Luxury in the Heart of 'SoSo' - This turn-key coastal oasis has been beautifully and tastefully renovated for effortless modern living. The bright open floor plan makes this home great for entertaining with a large kitchen island, recessed lighting, and French doors opening up to the heated pool and covered patio. Recent updates include impact windows and doors, wood shaker cabinetry, re-finished hardwood floors, new plumbing, and an all new AC system including ductwork. Live in luxury among the palms in a home that boasts brass Kohler fixtures, Greecian marble bathrooms, an ensuite cabana bath with outdoor shower, and lush landscaping. This home is just a few minutes from South Olive Park & Tennis, Palm Beach, PBI, Flagler Drive bike trail, Downtown, and top-tier schools.
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| Nov 8, 2022 | Sold | ||
| Sold | |||
| Dec 15, 2015 | Sold | ||
| Sold | |||
| Jun 20, 2015 | Listed by The Corcoran Group | $283,000 | |
| Listed by The Corcoran Group | |||
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About Homewood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017