748 Lighthouse Drive
About This Property
Total Sq. Ft. 4,314, Living Sq. Ft. 3,315.
4 Bedroom, 3.5 bath, 2 car garage with 9 ft. door, salt system pool, private 10 ft. x 60 ft. dock,80 Ft. of water frontage.
Lot .28 acres (138 x 123 X 80 X 115)
20,000 lb. hurricane lift. New seawall cap & retaining wall. Convenient circular driveway leads to exterior front lanai. Entry has custom solid double Mahogany louver front door.Impact windows & doors.Porcelain wood look tile throughout.All louvered interior doors. Plantation shutters & electric shades. Crown molding. Ceiling fans
Recessed LED lighting. Smart home with Yamaha Music Cast with control A/V system. Each room can be controlled separately, music and or TV all from your phone. WIF repeaters in master bedroom and patio. Kolher 20KW house generator. 2 A/C systems & garage with mini split
2 tankless hot water heaters. Icynene insulation. Metal roof.
Landscape lighting. Trailer storage. Outdoor shower. 11' ceilings
Built in organizers in all closets. Kitchen has spacious island with quartzite counter top, pendant lighting, a full complement of stainless steel appliances including 4 burner gas stove, pot filler faucet, stainless steel hood, double door refrigerator, microwave, dishwasher, granite counter tops and glass tile backsplash.
Open dining area has pendant lighting, wet bar with granite counter top, beverage cooler, shelving, wine rack and view of covered lanai, pool, and dock.Spacious great room has 2 ceiling fans and sliders to access lanai, pool and dock area.
This home has 2 master bedrooms with his and hers closets, both with private entry to yard and pool area.
1st Master bath has jetted tub with quartzite accents, his and hers vanities with quartzite counter tops, separate marble shower with seamless glass doors and separate water closet.
2nd Master bath has single vanity with marble counter tops and separate marble shower with seamless glass doors and built in shower bench. Both guest bedrooms have ceiling fans and reach-in closets with shelving and organizers. Guest baths have single vanities and showers. The covered lanai has tongue & groove ceiling, ceiling fans, travertine flooring, Summer kitchen with granite counter tops, gas grill and overlooks the travertine pool deck. Free form pool with spill over spa. The free form pool has auto-fill, 2 pool pumps, gas heater with electric heat & chiller system. The dock has underwater fish lights, water, electricity and can accommodate 41' boat. Everything is this home was built with new building code standards. Located in sought after North Palm Beach. Close to beaches, dining, recreation and entertainments. Minutes to the newly renovated North Palm Beach Country Club
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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 |
|---|---|---|---|
| Jul 31, 2020 | Sold | ||
| Sold | |||
| Apr 29, 2020 | Listed by The Keyes Company (PBG) | $1,657,000 | |
| Listed by The Keyes Company (PBG) | |||
| Apr 18, 2020 | No longer available | - | |
| No longer available | |||
| Mar 20, 2020 | Price Decreased |
$1,675,000
↓ $25K
(1.5%) | |
| Price Decreased | |||
| Mar 8, 2020 | Price Decreased |
$1,700,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
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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