517 Anchorage Drive
About This Property
3rd level also has a guest bedroom with a reach-in closet and guest bath with single vanity and shower.
The back patio has a large awning for shade, free form pool, patio, side yards, mature landscaping and room for seating and entertaining.
The Village of North Palm Beach features several beautiful parks, such as Anchorage Park, with playgrounds, docks, volleyball courts, tennis courts, and a dog park. The Village is also home for the newly renovated North Palm Beach Country Club, featuring an Olympic swimming pool, splash pad, picnic area, an on-deck tiki hut, 200 seat banquet room, 100 seat Farmer's Table restaurant, A Jack Nicklaus Signature Golf Course, and a full featured Tennis Facility with Har-Tru courts. Close to beaches, recreation, dining and entertainment. Easy access to major highways and Palm Beach International Airport.
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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 |
|---|---|---|---|
| Sep 28, 2021 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed by The Keyes Company (PBG) | $650,000 | |
| Listed by The Keyes Company (PBG) | |||
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About North Palm Beach Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017