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5681 Desoto 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 |
|---|---|---|---|
| Aug 30, 2026 | Listed by United Realty Group Inc. | $1,499,500 | |
| Listed by United Realty Group Inc. | |||
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by KW Innovations | $875,000 | |
| Listed by KW Innovations | |||
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Welcome to this stunning single-family oasis in the heart of Lake Worth, where you'll find over 1 acre of rare and prime land! This captivating 4-bedroom, 2-bathroom home with a 2-car garage features a spacious open floor plan, ideal for hosting gatherings and enjoying comfortable living. Sunlight pours into the bright and airy living spaces through large windows, creating a warm and inviting atmosphere. The modern kitchen is a showstopper, complete with sleek white cabinets, granite countertops, a convenient pass-thru window, and stylish LED lighting.
Outdoor living truly shines here, with a screened porch and expansive screened patio perfect for relaxation. Step out onto the fenced open patio to find a tiki hut, ready for lively get-togethers and memorable evenings. This incredible property also includes an RV pad and a cozy fire pit, providing endless opportunities for outdoor enjoyment
One of the most unique features of this home is the generous amount of land, a rare find in this area. This spacious lot provides ample room for outdoor activities and offers exceptional privacy.
Conveniently located near top-rated schools, shopping, and dining options, with easy access to major highways, this home is perfect for commuters.
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| Jun 17, 2024 | No longer available | - | |
| No longer available | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017