735 Hibiscus 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%.
How much can I actually make?
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 |
|---|---|---|---|
| Dec 2, 2025 | Listed | $480,000 | |
| Listed | |||
| | |||
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Beautiful single-family home located in the desirable community of Royal Palm Beach. This property offers 4 bedrooms and 2 bathrooms, including one bedroom with private access that can easily be used as an efficiency for additional rental income. Home features include impact windows throughout, providing added protection and energy efficiency. Enjoy a peaceful lake view from the spacious patio, perfect for relaxing or entertaining. Conveniently located minutes from multiple parks, recreational areas, and family entertainment. Don't miss this excellent opportunity to own a versatile home in a prime location.
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| Nov 2, 2020 | Sold | ||
| Sold | |||
| Sep 23, 2020 | Listed by United Realty Group, Inc | $290,000 | |
| Listed by United Realty Group, Inc | |||
| Feb 21, 2017 | Sold | ||
| Sold | |||
| Aug 13, 2016 | Listed by United Realty Group, Inc | $214,900 | |
| Listed by United Realty Group, Inc | |||
Property Highlights
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About Palm Beach Colony
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017