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4590 Catamaran Circle S
About This Property
THREE BEDROOMS TWO BATHS WITH A TWO CAR GARAGE, NEW ROOF 11/13/2020 AND AIR CONDITIONER. 1/19/2024. GREAT 55+ DEVELOPMENT WITH CLUBHOUSE, POOL, HOT TUB, TENNIS, AND TRAIL FOR WALKING. ANIMAL FRIENDLY FOR TWO PETS. OUTSIDE OF HOME TO BE PAINTED BY THE HOA 2025 TO INCLUDE ROOF CLEANING. KITCHEN UPDATED WITH GRANITE COUNTERTOPS. PRICED TO SELL!!! PRICE INCLUDES A BUYER PROTECTION PLAN. APPLIANCES, A/C WATER HEATER NEEDS REPAIR THEY ARE COVERED FOR THE FIRST YEAR AFTER CLOSING TO BE REPAIRED OR REPLACED IF NOT FIXABLE. (DISHWASHER NOT WARRANTED.)
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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 |
|---|---|---|---|
| Apr 24, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Relisted | $439,000 | |
| Relisted | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Coldwell Banker Realty | $439,000 | |
| Listed by Coldwell Banker Realty | |||
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About Windward Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017