621 Lighthouse Drive
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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by Savvy Avenue, LLC | $2,590,000 | |
| Listed by Savvy Avenue, LLC | |||
| | |||
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Immaculate 4 bedroom/3 bath, 2948 s/f, 2 story waterfront with ocean access in desirable North Palm Beach, no fixed bridges, oversized lot 90' x 130' oversized lot beautifully landscaped, newer 700 s/f Master Bedroom with en-suite bathroom and huge walk-in closet, travertine marble throughout the house in addition to Brazilian cherry wood floors, new hurricane impact windows and doors, newer A/C's and hot water heater, S- tile concrete roof, 2 car garage, oversized circular driveway, vaulted ceiling, move in condition, no HOA fees, ample side yard storage for RV, boat trailers, etc., working fireplace, new seawall cap, tiebacks, new faux wood deck and new 24,000 lb 4 post boat lift.
| |||
| Jan 13, 2011 | Sold | ||
| Sold | |||
| Mar 10, 2003 | Sold | ||
| Sold | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017