8239 Marsala Way
About This Property
Main BR has custom walk-in closets + ensuite. 2nd BR also features an ensuite, the 3rd BR & 3rd bath allows more flexibility for guests. Use 4th room as BR/office/den. Laundry room w/storage leads to 2-car garage. Amenities: a new clubhouse w/cafe-style restaurant, rooftop sports bar, card rooms, arts & crafts. Also tennis & pickle ball & a new workout facility.
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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%.
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Jan 11, 2025 | Listed by William Raveis Real Estate | $575,000 | |
| Listed by William Raveis Real Estate | |||
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RARE OPPORTUNITY TO OWN A GORGEOUS 3 Bed/3 Bath + Den & 2-car gar home in VENETIAN ISLES within 1/3 mile walk to Social Clubhouse Complex. This home is in immaculate & move-in condition. COMPLETE HURRICANE RESISTANT GLASS, beautiful, matching tile throughout, updated bathrooms, fans and lighting fixtures. It's an ABSOLUTE GEM. Detailed feature list included in DOCUMENTS SECTION of MLS. Do not hesitate. Come look for yourself. Venetian Isles is ranked among most sought-after ACTIVE ADULT communities in Palm Beach Cty. Located 1.5 miles north of Boynton Bch Blvd on Lyons Rd, it's within easy access to major highways, shopping, medical facilities, entertainment & beaches. Recently renovated SOCIAL CLUBHOUSE & EXERCISE FACILITY help make Venetian Isles a perfect place to live.
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| Jul 16, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | No longer available | - | |
| No longer available | |||
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About Melrose
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017