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6562 Adriatic Way
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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%.
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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 27, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | Listed by KW Reserve Palm Beach | $560,000 | |
| Listed by KW Reserve Palm Beach | |||
| | |||
|
Come live the true Floridian lifestyle you've always dreamed about. In this two-story 4 bedroom, 2.5 bath, 2 car garage property, which is perfect place to call home. Located in a meticulously landscaped community in the heart of the relaxed country side town of West Palm Beach. Close to major shopping centers, local parks, short drive to the Palm Beach Zoo, and major transit lines. Upon entering the home the natural light flowing into the home will brighten your day. The Kitchen is well equipped with cabinets, for ample storage space, and Stainless Steel appliances. This kitchen is certain to inspire the inner culinary chef in you. The luxurious primary bedroom has an ensuite with separate shower and soaking-Roman-Tub, and expansive dual walk-in closets. Keep reading for the best part..
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| Jul 9, 2018 | Sold | ||
| Sold | |||
| May 31, 2018 | Sold | ||
| Sold | |||
| Apr 16, 2018 | Listed by KW Reserve Palm Beach | $325,000 | |
| Listed by KW Reserve Palm Beach | |||
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About Waterways Taheri
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017