6
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368 Potter Road
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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 |
|---|---|---|---|
| Apr 2, 2026 | Listed by Brown Harris Stevens of PB | $5,950,000 | |
| Listed by Brown Harris Stevens of PB | |||
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | Listed by Compass Florida LLC | $1,290,000 | |
| Listed by Compass Florida LLC | |||
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This Mid-Century Coastal Cottage blends timeless Florida charm with vintage architectural character. Set on a 9,750 sq ft lot on one of SoSo's premier streets just 2 blocks from the Intracoastal Waterway, this home has been impeccably maintained. Highlights include wood beam ceilings, 2 bedrooms, 2 bathrooms, a spacious kitchen, gas appliances (range, water heater, dryer), a 2021 roof, & a mix of impact glass + easy-to-use storm shutters. The front yard offers a circular driveway, covered carport, & tropical landscaping, while the fully fenced backyard is an inviting retreat w/ a swimming pool, covered patio, & utility building/cabana featuring a screened porch, half bath, outdoor shower, storm shutters, & a 2022 roof. This property is ready for your personal updates or expansion. Potter Road showcases a blend of 1920s-1950s homes alongside new construction, offering charm & investment potential. Ideally located near local dining, Palm Beach Island, PBI Airport, Downtown West Palm Beach, CityPlace, golf courses, tennis centers, & more.
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| Aug 17, 2001 | Sold | ||
| Sold | |||
| Apr 2, 2001 | Sold | ||
| Sold | |||
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About Ellamar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017