434 Palm Trail
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 |
|---|---|---|---|
| Jan 22, 2020 | Sold | ||
| Sold | |||
| Nov 4, 2019 | Listed by Premier Estate Properties, Inc | $1,895,000 | |
| Listed by Premier Estate Properties, Inc | |||
| | |||
|
Location
Picturesque Palm Trail, Delray Beach, Florida. In the lovely Palm Trail neighborhood on the Intracoastal's western shore, this quiet setting is just a couple blocks from famous Atlantic Avenue in the city's vibrant downtown district, with the pristine beach also close by.
Property
Newly renovated, this gracious traditional estate enjoys a spectacular corner setting on beautiful tree-shaded Palm Trail. Manicured privacy hedges and stucco walls seclude this oversized property served by a circular marble-pavered drive plus a side motor court to the 2-bay garage. Outdoor entertaining is the focus of the wonderful brick-columned loggia and patio rimming the resort-style pool in a private garden oasis. Al fresco fare is served by the brick bar. Residence
Elegant warmth carries throughout this inviting home refined with detailed moldings and gleaming hardwood floors. Four bedrooms and 4 baths are included in the spacious single-level floor-plan of 4,290 +/- total square feet.
Entered from the welcoming foyer, the living room creates a gracious atmosphere with hardwood floors, a raised-hearth coral stone fireplace, and a wall of view-filled French doors flowing to the poolside loggia. Opposite is a bedroom/office with an ensuite bath. Views of the pool patio backdrop the elegant formal dining room. Exquisitely renovated, the chef's kitchen showcases furniture-grade cabinetry, granite counters, professional-style appliances, a bakery-inspired brick range hood, planning center, and breakfast area. In the private bedroom wing, the lovely master suite enjoys its own relaxing garden patio and luxurious bath. The two additional bedrooms share a bath.
DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another agent, please do not consider this a solicitation for the listing. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Copyright 2019 Listing Company. All Rights Reserved.
| |||
| Sep 30, 2019 | No longer available | - | |
| No longer available | |||
| May 22, 2019 | Price Decreased |
$2,185,000
↓ $110K
(4.8%) | |
| Price Decreased | |||
| Feb 15, 2019 | Relisted | $2,295,000 | |
| Relisted | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Las Palmas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017