544 Anchorage Drive
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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.
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 16, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | No longer available | - | |
| No longer available | |||
| Jun 17, 2024 | Listed by Sutter & Nugent LLC | $3,800,000 | |
| Listed by Sutter & Nugent LLC | |||
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Experience luxury waterfront living in one of the best locations in North Palm Beach! This exquisite, fully remodeled home is situated on a prime, over half-acre lot with 130' of frontage on the serene River. Step into a light-filled Great Room with elegant porcelain floors. The custom kitchen boasts stainless steel appliances, granite and quartz countertops, a pot filler, a farmhouse sink, a large center island with under-counter storage, and a wine cooler.The spacious master bedroom features two walk-in closets with built-ins and a stunning open bath with a frameless glass shower and rain-head. Additionally, there is a large bonus room/den perfect for a home office or extra living space.The expansive backyard is an entertainer's dream with a brand new, state-of-the-art
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| May 9, 2024 | Price Decreased |
$3,950,000
↓ $450K
(10.2%) | |
| Price Decreased | |||
| Apr 18, 2024 | Listed by Sutter & Nugent, INC. | $4,400,000 | |
| Listed by Sutter & Nugent, INC. | |||
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One of the best waterfront lots in NPB! Located in the heart of : The Village of North Palm Beach this totally remodeled home sits on over a half-acre lot with 130' of frontage on the River. Porcelain floors greet you as you enter the open, light and bright Great Room. The custom kitchen has ss appliances, granite and Quartz counter-tops, a pot fill, a Farmer's Sink, a large center island with under counter storage & a wine cooler.The large master bedroom has two walk-in closets with built-ins, a beautiful open bath with frameless glass shower and a rain-head. Also a large bonus room/den, an expansive backyard with Brand new state of the art pool and Infiniti spa, new 2021 metal roof, new seawall/Rip Rap and dock in 2016, new 2024 lift, complete impact glass doors and windows, LED light The manager has listed the unit size as 2575 square feet.
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About North Palm Beach Village
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