5796 Cadillac Drive
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 17, 2020 | No longer available | - | |
| No longer available | |||
| Dec 11, 2020 | Listed | $480,000 | |
| Listed | |||
| | |||
|
Come see this beautifully renovated home sitting on a professionally landscaped fully fenced .82 acre lot in a quiet and desirable neighborhood. NO HOA! The large and open living areas feature vaulted ceilings, skylights, fireplace, built-in display cabinets, new floors, custom light fixtures, bar and much more. Large glass doors open up to the screened patio area where you can enjoy the recently resurfaced custom pool with family and friends. The large yard is perfect for children and all pets. The air conditioned shed is currently used as home theater and could easily be used as a bedroom or converted to mother in law suite. The 2 car garage and work area is perfect for home projects. This hidden gem is in the heart of Palm Beach County and will not last long! The manager has listed the unit size as 2496 square feet.
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| Mar 17, 2016 | Sold | ||
| Sold | |||
| Jul 25, 2015 | Listed by RE/MAX Select Group | $349,500 | |
| Listed by RE/MAX Select Group | |||
Property Highlights
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017