606 Kanuga Drive
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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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by One Sotheby's International Re | $1,499,000 | |
| Listed by One Sotheby's International Re | |||
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Located in the heart of vibrant Flamingo Park, this 1929 hollow tile Mediterranean home has been thoughtfully renovated to retain its historical features with upgrades to satisfy modern living. All new impact doors and windows, new roof with hurricane strapping, new electrical meter and panel bring the home up to today's standards. Z Line appliances, custom cabinetry, EMTEK hardware, Trex decking, outdoor shower, artificial turf in backyard, large pool, and a covered porch add to the beauty and amplify the enjoyment of the home.. Walkable to everything Flamingo Park and Downtown have to offer....HIVE, Grato, Table 26, Howard Park, and Civil Society Brewery, Grandview Market, and CityPlace. Its ideal location close to Palm Beach International Airport, Worth Avenue and the beach, 606 Kanuga would make a great family home or long term/short term rental
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| Mar 8, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by The Corcoran Group | $835,000 | |
| Listed by The Corcoran Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017