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422 Pilgrim 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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Jan 21, 2024 | Listed by Platinum Living Realty | $699,000 | |
| Listed by Platinum Living Realty | |||
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Key West Style in the Trendy and Chic Southend/SoSo District! This true 4-bed, 2-bath Single Level Home is nestled South of Downtown with no HOA fees. Meticulously renovated with many desirable details! Enjoy the convenience of a modern open layout featuring a brand-new kitchen with a beautiful peninsula, quartz countertops, Shiplap accents, gorgeous backsplash, top-tier stainless steel appliances, and a gas range. The master suite features a dual vanity and walk-in closet. Step outside to a large wooden deck and paver patio on a nice lot. Located in walking distance restaurants, shops, galleries, fitness centers, parks, entertainment, just 3 blocks from the Intracoastal, minutes to Downtown West Palm, and a short drive to the beach, and South Olive Elementary A-rated! A must see... Explore the vibrant surroundings of the SoSo Distric on foot or bike, with trendy shops, chic art galleries, and Phipps Park just a short walk away. The Intracoastal, only three blocks from your doorstep, adds a touch of coastal living to your lifestyle.
No HOA fees mean you have the freedom to make this home uniquely yours. Downtown West Palm is a quick 10-minute drive, and various beaches are just minutes away. Whether you're a growing family or an investor looking for a rare gem, 422 Pilgrim Rd offers the ideal combination of modern comfort, convenience, and a touch of rarity in the heart of SoSo living.
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| Jun 10, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by BEX Realty, LLC | $439,900 | |
| Listed by BEX Realty, LLC | |||
| Jun 15, 2020 | Sold | ||
| Sold | |||
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About Colonial Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017