433 Flotilla Road
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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 |
|---|---|---|---|
| Oct 31, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $268,000 | |
| Listed | |||
| | |||
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Location! Location! Highly sought after Village of North Palm Beach. Vaulted ceilings, bamboo flooring throughout (no carpet), panoramic impact sliders, Built in Kitchen Drawers, Screened in patio, spacious fenced yard w/room for pool. Two large shade trees including a gorgeous Banyan.Room to expand and make your own. Walk to the highly regarded Observatory School, Anchorage Park, great restaurants. Resident only boat ramp. Monthly community calendar-events-Food Truck Frenzy, Chili Cook off, Movies, Egg Hunts, Fishing Tournaments, Summer programs for kids, dog park, annual fun runs etc. Bike to Beach, min to Shopping, Downtown PBG. Home to NPBCC, Nicklaus Golf, Olympic Pool, full service Har Tru Tennis facility. So much potential! The manager has listed the unit size as 1456 square feet.
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| Jun 14, 2017 | Listed by The Keyes Company - Hobe Sound | $250,000 | |
| Listed by The Keyes Company - Hobe Sound | |||
| Mar 3, 2016 | Sold | ||
| Sold | |||
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About North Palm Beach Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017