5524 Pennock Point Road
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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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Jun 1, 2024 | Listed by Compass Florida LLC | $6,995,000 | |
| Listed by Compass Florida LLC | |||
| Mar 3, 2024 | No longer available | - | |
| No longer available | |||
| Dec 9, 2023 | Listed by Paradise Real Estate International | $9,795,000 | |
| Listed by Paradise Real Estate International | |||
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Welcome to The River Oaks House located in PENNOCK POINT Once you enter through the front gate and drive down the private driveway that is lined with matured Oak trees you will see how special this home really is. Huge lot that boasts a 390 foot dock that has two electric boat lifts, and cleaning station. Gorgeous southeast view of the Loxahatchee River giving only a few minutes boat ride to the Jupiter inlet that leads to the open ocean. 3bedrooms 2 Baths pool home with a laundry room/office flex space in the basement. Nice park like setting with the east side being a Protective Mangrove Preserve with a pond that is unbuildable and seen poolside. Pool has a cabana with a restroom. The manager has listed the unit size as 2270 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017