496 Forestview Drive
About This Property
See for FLORIDA LIVING!!!!! Offers two golf courses. No mandatory golf membership fee to live in Atlantis. 55+ community
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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 |
|---|---|---|---|
| Nov 19, 2025 | Listed by Southdale Properties Inc. | $575,000 | |
| Listed by Southdale Properties Inc. | |||
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*Off-Market sale being input for comparable purposes. Recently updated 3 bedroom/2 bath villa in 55+ community. The City of Atlantis is a private gated community offering two outstanding golf clubs, tennis courts, Kintz Park, and it's own City Council and Police Department. Located adjacent to JFK Hospital, and minutes away from downtown West Palm Beach, Lake Worth, the beach and PBI Airport.
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| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by Coastal Classic Realty | $389,900 | |
| Listed by Coastal Classic Realty | |||
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Welcome to the City of Atlantis Forestview 55+ community. This home is a three bedrooms/den and two bath villa. This very light and bright open floor plan has an extra closed in lanai overlooking the lush landscaping and pergola. The kitchen is equipped with stainless steel appliances and cream colored shaker cabinets. Newer roof, a/c unit and tankless hot water heater. The home has an upgraded driveway and fully protected with hurricane shutters. Great location in Forestview Villas directly across from recently remodeled pool and tennis courts. There is plenty of guest parking across the street from the villa. Excellent location near airports and the beach. The community offers two golf courses. No mandatory golf membership fee to live in this gated city of Atlantis.
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| Feb 18, 2024 | No longer available | - | |
| No longer available | |||
| Feb 2, 2024 | Price Decreased |
$449,900
↓ $2K
(0.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017