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831 El Prado
About This Property
LOTS OF POSSIBILITIES WITH 3RD ROOM, OFFICE, DEN, DINNING ROOM, FAMILY ROOM OR BEDROOM.
PUMP & WELL FOR SPRINKLERS. LARGE SHED, AND SPACIOUS COVERED BACK PORCH OVER LOOKING BIG FENCED YARD. FLAT ROOF 2020
CENTRALLY LOCATED NEAR SCHOOLS, PUBLIX, I- 95, BEACHES AND DOWNTOWN WEST PALM BEACH ALL FIGURES ARE APPROXIMATE
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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 |
|---|---|---|---|
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Jan 21, 2022 | Listed by LAER Realty Partners Bowen/WPB | $365,000 | |
| Listed by LAER Realty Partners Bowen/WPB | |||
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About Willfred Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017