729 Robin Way
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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 |
|---|---|---|---|
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jun 14, 2020 | Listed by RE/MAX Ocean Properties | $1,975,000 | |
| Listed by RE/MAX Ocean Properties | |||
| Jun 8, 2015 | Sold | ||
| Sold | |||
| Aug 12, 2012 | Listed by Waterfront Properties & Club C | $1,245,000 | |
| Listed by Waterfront Properties & Club C | |||
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This 2007 built custom Key West style waterfront estate home has amazing architectural detail and quality, situated in a very quiet, friendly neighborhood and great for boaters as there are NO FIXED BRIDGES, 100’ wide deepwater canal and quick access to the Intracoastal and Palm Beach Inlet. Upon entering the open great room featuring architecturally detailed ceilings, a coral stone gas fireplace and French doors opening up to the patio, views of a lush tropically landscaped backyard and waterfront will make you feel as if you have entered your own little private island paradise! Superb gourmet/cooks kitchen with all custom cabinetry, quartz countertops with backsplash of glass tiles accented by mother of Pearl, all stainless steel appliances, large center island and gas range. The kitchen opens into the formal dining room, which features lovely water views. This home also features large rooms and an enormous amount of storage. Oversized master bedroom and oversized secondary bedrooms are remarkable as is the wonderful flowing floor plan. The master bathroom contains an oversize tub, his-and-her vanity areas, a large walk-in shower and dual closets. The security system has alarms and cameras throughout the house and is fairly sophisticated. There is beautiful custom Mexican-tile flooring, custom shutters, impact-resistant windows and doors, a pair of guest suites on the second floor, each with private balconies -- one of which overlooks the waterway -- and plenty of attic space. Those are some of the amenities this rare waterfront gem offers. A deep-water dock can accommodate a large vessel, and there are no fixed bridges for quick access to the Intracoastal Waterway and Palm Beach Inlet.
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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