22
Map
4222 Hibiscus 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%.
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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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2024 | Listed by PBP Real Estate LLC | $230,000 | |
| Listed by PBP Real Estate LLC | |||
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Quiet lakefront 2-bedroom, 1-bath mobile home with a detached efficiency apartment on nearly 1/4 acre, located on a peaceful dead-end street. The property features a large screened-in porch, a fenced yard, and room for a dock. The efficiency apartment includes a covered porch with lake views an attached storage shed, with the potential to expand into the storage area. This space offers opportunities for rental income or extra living space for extended family. According to the Palm Beach County Zoning Department, a single-family home can be built on the lot or the current mobile home can be replaced with a double wide mobile home. Enjoy fishing, kayaking, paddle boarding, or jet skiing right outside your backdoor on the spring-fed lake! Just minutes from Publix, I-95, restaurants, the
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| May 30, 1995 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Garden Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017