39
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822 Burch 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 11, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Price Decreased |
$530,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Aug 14, 2025 | Price Decreased |
$540,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jul 2, 2025 | Listed by Tanner Real Estate LLC | $545,000 | |
| Listed by Tanner Real Estate LLC | |||
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:Introducing 822 Burch Drive, your forever or starter home within an ideal location in West Palm Beach with close proximity to Downtown City Place, iconic Palm Beach, Okeeheelee Park, Wellington, and the Palm Beach airport. As you enter you are welcomed with an open airy floor plan which transitions smoothly into a tastefully designed galley style kitchen. The property features a modern contemporary style design including a mix of Marble & Tile floors with luxury LED lighting throughout, offering a tasteful color palette of whites, greys, and browns. Brand new 2025 AC & water heater. This home offers 3 bedrooms along with an additional living space which can be converted to a 4th or utilized as added living space. The backyard features a tremendous amount of space that is perfect for entertaining, pets, and the family. There is enough room for potential to create the backyard of your dreams with a pool, garden, outdoor kitchen, etc. Roof has updated sealing, wood work, and patching.
West Palm Beach is best known for its palm-lined trees, nightlife, entertainment, cultural attractions, shopping areas, parks & rec, and fantastic fishing spots. This location is also within close proximity to the equestrian lifestyle offering the opportunity to live any lifestyle desired!
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About Burch
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,450 /mo
- Studio
- 2 Baths
- 2,400 ft²
$7,500 /mo
- 4 Beds
- 3 Baths
- 2,136 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017