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613 Upland Road
About This Property
This 3 bedrooms and 2 bathrooms home, features high-end finishes and a pool, is available in the Sunshine Park neighborhood of West Palm Beach, next to charming Flamingo Park historic neighborhood known for its tree-lined streets and diverse architectural styles. The high-end finishes throughout the house include upscale wood flooring, designer fixtures, and top-of-the-line appliances. The kitchen features premium custom cabinetry, quartz countertops, and stainless steel appliances with a gas range and a beautiful center island.
The additional room that could be an office or a sunroom has plenty of natural light. This home can comfortably accommodate a family or individuals looking for ample living space.
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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 |
|---|---|---|---|
| Aug 10, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Listed by Treasure Property Group LLC | $1,600,000 | |
| Listed by Treasure Property Group LLC | |||
| Jun 22, 2017 | Sold | ||
| Sold | |||
| Mar 31, 2017 | Listed by Treasure Property Group LLC | $318,270 | |
| Listed by Treasure Property Group LLC | |||
| Mar 2, 2017 | Sold | ||
| Sold | |||
Property Highlights
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About Sunshine Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017