726 Wright Drive
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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.
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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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Mar 22, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Listed by United Realty Group, Inc | $589,000 | |
| Listed by United Realty Group, Inc | |||
| |||
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Must see!! Florida living at its finest! This 4 bedroom, 2 bathroom beautifully updated home with a corner/double lot is a true Oasis! The home has many upgrades including stainless steel appliances, tile wood flooring throughout, and a quality water filtration system throughout the entire house. The spacious backyard features a large Miami blue pool with a gas heated spa. Enjoy plenty of space for entertaining guests! Wow...a fully fenced backyard!! There are also two sheds. One with an AC unit, that can be used as an office space or man cave, while the other can be used for storage, or a coop for chickens! You'll appreciate living in a neighborhood with NO HOA! Need a place to store an RV or Boat, the double gates on either side of the fence allows for both. The home is walking distance to Lake Osborne with fishing and bike trails, and a public boat ramp is nearby. Avocado, Papaya, Banana, Peas, and Coconut trees are right in your backyard! This quiet neighborhood is a 10-minute drive to Lake Worth Beach. It's close to restaurants and shopping and conveniently located near I95. Location, location, location! Book an appointment today.
Roof- 2013, AC- 2024, Water Heater- 2021, Gas Pool Heater- 2023, Whole House Rainsoft Water Filtration System-2020, Regularly Maintained and Serviced
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| Feb 8, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2020 | Listed by Signature Int'l Premier Properties | $369,000 | |
| Listed by Signature Int'l Premier Properties | |||
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About Lake Osborne Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017