736 Sandy Point Lane
About This Property
- Over $300k in builder upgrades
- Brand new dual-zone A/C units
- Impact windows throughout
- Brand new impact 2-car garage door & LiftMaster LED MyQ Opener
- Natural Gas
- Whole-home intercom and audio system
- Laundry room washer & dryer
- Washer & dryer hookup in second-floor hallway closet
- Pool resurfaced with new glass tile installed
- New landscaping installed
- Landscaping and cable included with HOA
- Architecturally designed interior
- Wood stairs, landings and loft
- Bathrooms like new
- Extra-wide driveway
- Furniture negotiable
Gated and guarded, Prosperity Harbor sits right on the Intracoastal Waterway just south of PGA Blvd. off Prosperity Farms Rd. and features day dockage on a protected harbor in a no-wake zone.
Inventory is low! Especially in Prosperity Harbor so DON'T MISS OUT on this rare opportunity!
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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 |
|---|---|---|---|
| May 21, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Listed by The Corcoran Group | $2,350,000 | |
| Listed by The Corcoran Group | |||
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**PRICE REDUCTION!!** Location, Lot Size, Stunning Water views. Plus access to day docks. Now is the time to make your move! This five-bedroom home is one of one, sitting on an oversized corner lot in the exclusive gated community of Prosperity Harbor. This home sits on the largest lot in the entire development directly next to the clubhouse, pool, and day docks. Ideal setup for indoor/outdoor entertainment and privacy. Amenities include a grand two-story living and dining area featuring dramatic picture windows overlooking a custom designed garden with beautiful exterior lighting. Gourmet Chef's eat-in kitchen. First floor VIP guest bedroom. Spacious master suite with Stunning water views. Home office overlooking saltwater pool, lanai, and putting green. Recent improvements to the home include Complete Impact Windows. Both A/C unit replaced in 2021 still under warranty. Tankless gas hot water heater installed in 2021. Pool resurfaced/retiled and new heater in 2021. Stunning Custom Drapery, Plantation Shutters & Electric Shades. Home security system and Nest Thermostats. New LED lighting and epoxy garage floor. Custom Turf Garden w/Rock Feature and exterior Lighting. Custom Closets throughout complete with organizers.
Fabulous location. Just minutes from world class beaches, championship golf, fine dining and shopping. Live the lifestyle - schedule your showing at 736 Sandy Point Lane in North Palm Beach today!
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| May 12, 2024 | No longer available | - | |
| No longer available | |||
| Apr 4, 2024 | No longer available | - | |
| No longer available | |||
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About Prosperity Harbor North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017