31
Map
5916 Seashell Terrace
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 |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| Apr 27, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by Compass Florida LLC | $499,000 | |
| Listed by Compass Florida LLC | |||
| |||
|
NEXT to Worship!! AMAZING OPPORTUNITY to own this freshly painted home in a Prime Location! INVESTMENT OPPORTUNITY as Property is rented through June 2026! Ready for you to personalize and make your own! Beautiful and spacious single family 3 bedroom 2 bath home in wonderful Majestic Isles! Light and bright with tasteful neutral decor. Very private backyard. This home is located 3 houses from the back gate and houses of worship. Newer AC. Majestic Isles offers the ULTIMATE in active lifestyles featuring vibrant clubhouse, entertainment, parties, resort pool, hot tub, sauna, steam room, pickleball & tennis courts, fitness, card rooms, crafts studio, clubs, library ++ EXTREMELY CLOSE to HOUSES OF WORSHIP too. Come and see all that this home and Majestic Isles has to offer!
| |||
| May 30, 2025 | Price Increased |
$549,000
↑ $50K
(10%) | |
| Price Increased | |||
| Apr 1, 2025 | Relisted | $499,000 | |
| Relisted | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017