605 Laurel Road
About This Property
Bedroom, Two full Bath, single level ranch with a bonus media room or 4th bedroom. Features A-1 curb apppeal, a 2.5 car garage that is perfect for all the toys plus a workshop area, and a spacious backyard that has room for expansion or a pool. Located in desirable North Palm Beach on a Cul-de-sac interior street off of convenient Lighthouse Drive near shopping and dining. Short notice showings are OK, so call today to see this special property! OPEN HOUSE THIS SUNDAY 12:30-2:30 PM.
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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 |
|---|---|---|---|
| Mar 29, 2016 | Sold | ||
| Sold | |||
| Jan 18, 2016 | Listed by Keller Williams Realty Jupiter | $325,000 | |
| Listed by Keller Williams Realty Jupiter | |||
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About North Palm Beach Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017