723 Anchorage Drive
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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 |
|---|---|---|---|
| Mar 12, 2022 | No longer available | - | |
| No longer available | |||
| Feb 19, 2022 | Price Decreased |
$2,250,000
↓ $150K
(6.3%) | |
| Price Decreased | |||
| Jan 25, 2022 | Listed by Keller Williams Realty | $2,400,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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Living the Florida lifestyle in this meticulously maintained waterfront home situated on an oversized corner lot located in the desirable Palm Beach area. Enjoy sunsets and views off your private dock after returning from a successful day of fishing. Completely remodeled 4 bedroom, 3 bath, 2 car garage with pool - concrete block home. Light and bright, split floor plan. Huge master suite w/ sitting room, large walk in closet, and updated master bath. Upgrades include 10K lb boat lift, new seawall, pool tile and deck, new countertops and ALL new appliances in the kitchen. This property has the perfect balance of elegance, comfort, and function. Impact glass sliders lead to a covered patio w/ waterfront views and soothing sounds of the palm trees leading to a gorgeous pool great for entertaining. This is a boater's paradise! Only minutes to the inlet and the blue waters of the Atlantic! The manager has listed the unit size as 3253 square feet.
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| Apr 16, 2013 | Sold | ||
| Sold | |||
| Dec 5, 2012 | Listed by Illustrated Properties LLC (Co | $799,000 | |
| Listed by Illustrated Properties LLC (Co | |||
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About North Palm Beach Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017