17
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439 Monroe Drive
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 |
|---|---|---|---|
| Jun 19, 2025 | Listed | $739,000 | |
| Listed | |||
| | |||
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Welcome to 439 Monroe Drive in West Palm Beach, FL—a charming property featuring a main house with 3 bedrooms and 2.5 bathrooms, offering 1,554 square feet of comfortable living space. This home boasts a new roof and a new A/C. The kitchen is equipped with sleek stainless steel appliances, and washer and dryer. In addition to the main house, there's a delightful guest house on the 5,602 square foot lot, providing extra space for visitors, an office, or a gym. With ample outdoor space, this home is ideal for both relaxation and entertainment. As a turnkey property, it is a perfect rental investment opportunity, or a place to call home. Location is KEY! This home is within minutes from the beach and all the restaurants and shops West Palm has to offer. Don't miss this opportunity!
| |||
| Dec 9, 2024 | Listed | $739,000 | |
| Listed | |||
| | |||
|
Welcome to 439 Monroe Drive in West Palm Beach, FL—a charming property featuring a main house with 3 bedrooms and 2.5 bathrooms, offering 1,554 square feet of comfortable living space. This home boasts a new roof and a new A/C. The kitchen is equipped with sleek stainless steel appliances, and washer and dryer.
In addition to the main house, there's a delightful guest house on the 5,602 square foot lot, providing extra space for visitors, an office, or a gym. With ample outdoor space, this home is ideal for both relaxation and entertainment. As a turnkey property, it is a perfect rental investment opportunity, or a place to call home.
Location is KEY! This home is within minutes from the beach and all the restaurants and shops West Palm has to offer. Don't miss this opportunity!
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| Nov 15, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2022 | Listed by The Keyes Company | $699,990 | |
| Listed by The Keyes Company | |||
| Feb 7, 2022 | Sold | ||
| Sold | |||
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About Dellawana Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017