7833 Olympia Dr
About This Property
The Extended Living Room with faux hardwood floors leads to a spacious, screened-in oversized Lanai with an entire wall of distinctive bonsai plants plus a hot tub.
A bright and airy kitchen houses a Jenn Air Stove and a new GE Dishwasher flowing in to the Dining Room and spacious Great Room with a vaulted ceiling. The built in shelving/entertainmen center is mirror backed and immaculate.
Off the kitchen, Laundry Room, with a custom built-in pullout pantry/storage area and a new GE Washer & Dryer with separate laundry sink leading to the pristine 2-car garage.
The spacious Master Bedroom has 2 sizable closets adjoining the Master Bathroom with double sinks and ceramic tiled tub and shower enclosure.
The 2nd Bedroom is roomy and well-lighted with a generously sized closet...all adjacent to the 2nd Bathroom.
The home is equipped with a newer Rheem A/C unit with an Air Purifier installed.
Riverwalk is a luxurious privately gated waterfront community. The resort-style neighborhood is located a brief 1 mile west of the Fl. Turnpike, off Okeechobee Boulevard in West Palm Beach. The amenities and conveniences offered residents of Riverwalk are unparalleled. The vibrant Tower Center...the heart of the community, will surely exceed your expectations. The Center houses an Aquatic Center (3 pools), a State-of-the-Art Fitness Center, 8 Har-Tru lighted Tennis Courts, Post Office, Gas-Pumps, and various meeting and activity rooms. There are 12 miles of pedestrian/Biking paths throughout the community. Everything you need to live the exceptional quality of life you envision.
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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 12, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | Listed by Re/Max Direct | $449,900 | |
| Listed by Re/Max Direct | |||
| | |||
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This home has been lovingly maintained and cared for. The very large living room has a custom large wall unit of shelving, cabinets, and entertainment space. The spacious kitchen has loads of cabinets, counters, and seating area. Some of the kitchen cabinets have pull out shelving. The enclosed lanai is currently being used as a dining room. The master bedroom has a walk-in closet. The master bath has dual sinks and stand-up shower. The second bedroom also has a walk-in closet. The 2nd bath has a tub. Both bedrooms can be completely closed off for privacy. The inside laundry room has lots of cabinets and a large closet with pull out shelves. All the floors are tile or laminate. Window treatments & DR fixtures do not convey. All Measurements approx.
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| Sep 26, 2016 | Sold | ||
| Sold | |||
| Jul 7, 2016 | Listed by Signature Properties of the Palm Beaches LLC | $279,000 | |
| Listed by Signature Properties of the Palm Beaches LLC | |||
| Sep 9, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017