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608 Xanadu Place
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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 |
|---|---|---|---|
| Feb 18, 2022 | Sold | ||
| Sold | |||
| Nov 9, 2021 | Listed by NV Realty Group, LLC | $2,100,000 | |
| Listed by NV Realty Group, LLC | |||
| | |||
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Welcome to your Florida Beach home offering 5 bedrooms, 4 Baths, 3-story Key West style home off of A1A in the special gated community of Xanadu. With a total of 64 homesites all steps from beautiful Jupiter Beach, you can enjoy a Florida lifestyle right out your front door with biking, walking and running at the Atlantic Ocean on A1A. Situated on a cul-de-sac it features a private pool, impact windows and doors, first floor living, stainless apps, induction cook top, granite c'tops and an elevator. An open floor plan and Island kitchen gives you the perfect space to entertain. 4 Bedrooms on second floor and master bedroom ensuite on the entire 3rd floor. Enjoy the ocean breezes from your bedroom balcony. World class dining, fishing and golf nearby, 25 mins to Palm Beach Int'l airport.
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| Sep 9, 2021 | No longer available | - | |
| No longer available | |||
| Jul 3, 2021 | Listed by Nicklaus Vance | $2,050,000 | |
| Listed by Nicklaus Vance | |||
| Mar 28, 2013 | Sold | ||
| Sold | |||
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About Xanadu by the Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017