521 Upland Road
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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.
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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 11, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | Listed by Sotheby's Intl. Realty, Inc. | $1,100,000 | |
| Listed by Sotheby's Intl. Realty, Inc. | |||
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Discover an updated, charming Spanish-style villa on an oversized lot 100 by 100 double lot in beautiful Sunshine Park. This 3BR/2BTH home, canopied by the most gorgeous Banyan tree with an endless meandering garden, exudes charm and warm character. Updated and renovated inside, you'll be greeted by a spacious living room with fireplace and original hardwood floors. Flow through the space to a gracious formal dining room. The kitchen is elegant with marble countertops, gas range, and white shaker cabinets. The primary bedroom boasts garden views and a completely new en-suite bath, renovated in 2022. A front den/office can serve as an additional bedroom. The home also has impact glass doors and windows. Explore outside on Chicago brick paths and patios which create a serene oasis. Move-in ready with a recently painted interior, the property includes a new AC unit installed in 2023 and a brand new updated electrical panel and proper wiring throughout. The roof is in good condition and was redone in 2023. The garage was reinforced in 2022, with updated electrical.
The healthy Banyan tree underwent a major cutting and shaping 7-8 months ago, and the property features completely updated landscaping and lighting. The termite certificate from 2023 includes extended coverage. Plans for potential pool and a spectacular addition are available to incentivize the buyer. The property can accommodate additions as a separate structure plus main house additions, already operating off two electrical meters.
Located just 5 minutes from Palm Beach, PBIA, Shoppes, Restaurants, and Downtown, this home is your perfect Palm Beach getaway.
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| Oct 11, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by Coldwell Banker Realty | $895,000 | |
| Listed by Coldwell Banker Realty | |||
| Apr 9, 2015 | Sold | ||
| Sold | |||
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About Sunshine Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017