5687 Royal Lake Circle
About This Property
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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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 10, 2024 | Listed by Coldwell Banker Realty /Delray Beach | $474,900 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
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THIS IS THE COMPLETELY UPDATED CORNER UNIT VILLA w/ 1 CAR GARAGE & STUNNING PANORAMIC LAKE VIEWS YOU HAVE BEEN WAITING FOR! SOARING CEILINGS, NEW SKYLIGHTS & LOTS OF WINDOWS MAKE THIS VILLA VERY LIGHT & BRIGHT! THE OPEN CHEF'S KITCHEN HAS MANY CABINETS, S/S APPLIANCES & GRANITE COUNTERTOPS w/ ROOM FOR 4 BAR STOOLS. LARGE PRIMARY BEDROOM HAS VIEWS TO THE LAKE & REMODELED PRIMARY BATH HAS DUAL SINKS & BEAUTIFUL FRAMELESS SHOWER! 3rd BEDROOM IS SET UP AS AN OPEN DEN NOW, BUT EASILY CONVERTED. BONUS SUNROOM & CUSTOM BUILT IN CLOSETS THROUGHOUT! CORAL LAKES HAS A NEW 72,000 sq/ft CLUBHOUSE w/ A RESTAURANT, 600 SEAT THEATER FOR SHOWS, INDOOR/ OUTDOOR POOLS, FITNESS CENTER, ARTS & CERAMICS, MANY CLUBS & CARD GAMES TO JOIN! COME ENJOY THE ACTIVE FLORIDA LIFESTYLE...DON'T MISS THIS ONE!
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| Dec 30, 2014 | Sold | ||
| Sold | |||
| Apr 10, 2012 | Sold | ||
| Sold | |||
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About Palm Beach
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$10,000 /mo
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$9,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017