77
Map
6883 Paul Mar 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%.
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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 |
|---|---|---|---|
| Jan 21, 2025 | Sold | ||
| Sold | |||
| Dec 21, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed | $2,800,000 | |
| Listed | |||
| | |||
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Jet Skis & all furnishings included with this stunning vacation home on Lake Osborne near Palm Beach and West Palm Beach Ideal for entertaining, short term rental. Private boat dock w/lift, 3 wave runner lifts, paddle boards, foosball, ping pong, gym, volleyball, game room, Sonos system, TV, and more. Fully stocked kitchen with quartzite counters & large island. Exquisite marble & cherry hardwood floors throughout. 2 dens, 1 may be used as a 6th bedroom. Upstairs private guest suite with balcony view of lake and sunsets. Close to airports, beaches, High Ridge Country Club, Manalapan, equestrian events, & entertainment unique to south Florida. Meticulously clean and maintained. Decorated with attention to details. Furnishings, linens, decor like new. No HOA. No rental restrictions.
| |||
| Jul 24, 2024 | Listed by Avanti Way Realty LLC | $2,800,000 | |
| Listed by Avanti Way Realty LLC | |||
| | |||
|
Jet Skis and all furnishings included with this stunning vacation home on Lake Osborne. Ideal for entertaining, short term seasonal rental. Private boat dock, 3 wave runner lifts, paddle boards, foosball, ping pong, gym, volleyball, game room, Sonos system, TV, and more. Fully stocked kitchen with quartzite counters and large island. Exquisite marble and Brazilian cherry hardwood floors throughout. 2 offices, 1 may be used as a 6th bedroom. Upstairs private guest suite with balcony view of lake and sunsets. Close to airports, beaches, High Ridge Country Club, Palm Beach, Manalapan, WPB, equestrian events, & entertainment unique to south Florida. Meticulously clean and maintained. Decorated with attention to details. Furnishings, linens, decor like new. No HOA. No rental restrictions.
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| Sep 6, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017