4005 Torres Circle
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%.
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 24, 2023 | Sold | ||
| Sold | |||
| Aug 1, 2023 | Listed by Reliant Realty ERA Powered | $575,000 | |
| Listed by Reliant Realty ERA Powered | |||
| | |||
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Maintained with pride of ownership. Situated in one of the premier gated communities in West Palm beach this immaculate home is close to everything the city has to offer. New air conditioning unit and water heater .Roof has been inspected and is in great condition. Community features pools ,playgrounds ,tennis and basketball courts. Master bedroom with en-suite bathroom and large walk in closet. Granite countertops in kitchen with all stainless steel appliances. Lakes of Laguna is a gaurded gate community with roving security
| |||
| Jul 25, 2023 | No longer available | - | |
| No longer available | |||
| May 19, 2023 | Relisted | $584,000 | |
| Relisted | |||
| May 13, 2023 | No longer available | - | |
| No longer available | |||
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About Villages of Palm Beach Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017