4660 Square Lake Drive
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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 |
|---|---|---|---|
| Jul 13, 2023 | No longer available | - | |
| No longer available | |||
| Jul 7, 2023 | Relisted | $949,000 | |
| Relisted | |||
| May 18, 2023 | No longer available | - | |
| No longer available | |||
| May 9, 2023 | Listed by Real Estate of Florida | $949,000 | |
| Listed by Real Estate of Florida | |||
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SHOWINGS ONLY NOW-7/12TH(AIRBNB BOOKED)ON THE LAKE. This beautiful on 3/4 OF ACRES LOT home with a screened in POOL in a highly desirable, NO HOA community on SQUARE LAKE in Palm Beach Gardens is a RARE FIND. The home has been an Airbnb for the past 5 years and has a stable income and is usually booked. It is close to the Gardens Mall, schools, colleges, shops, restaurants, and more. The home is move-in ready with a newer METAL ROOF (2018) with Solar panels that sellers will pay off prior to closing, two AC units (2021 & 2022), a digital water HEATER (2020), and pool recently resurfaced with a 1 year old POOL HEATER. This area is home to tamed wildlife, including PEACOCKS which will come to you with a treat of course. The manager has listed the unit size as 2129 square feet.
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| Jul 15, 2019 | No longer available | - | |
| No longer available | |||
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About Square Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017