4488 Coconut Road
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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%.
How much can I actually make?
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 5, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed | $199,950 | |
| Listed | |||
| | |||
|
PRICE JUST REDUCED! SELLERS WANT OFFERS! WOW! Property taxes are LESS THAN $800 annually! Cute cottage on over 1/2-acre well located, private & secluded lot! Just doesn't get any better than this! Close to everything. Recently connected to PB Cty water, too. Renovated in 2015 with instant hot water heater, new central AC, new bath, new kitchen WITH GAS Jen-Aire and new wood-look tile flooring thru out. Separate shed. Recently graded and cleared. Opportunity & room to build NEW. Bring your trucks, bikes, boats, jet skis & other toys. Offered AS-IS with sellers making no repairs. Proof of Funds or financing Pre-Qual required with offer. LOCATION, LOCATION, LOCATION! LOTS OF LAND, NO HOA, NO CITY TAXES - EAST OF MILITARY & CLOSE TO EVERYTHING! The manager has listed the unit size as 900 square feet.
| |||
| Nov 7, 2017 | Listed by RE/MAX Advantage Plus | $199,950 | |
| Listed by RE/MAX Advantage Plus | |||
| Mar 20, 2015 | Sold | ||
| Sold | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017