8401 Pinion Drive
About This Property
PBC Water and Electric, no Lake Worth utilities.
Hurricane proof all Windows and Doors replaced in 2014.Including Garage,
Aluminum Back Porch built in 2012
New Roof in 2003, including carport.
Newer A/C Handler and Furnace.
4th Bedroom has been converted into a Den, all bedrooms have brand new carpet
Well water that can be use for sprinklers.
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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 6, 2017 | Sold | ||
| Sold | |||
| Dec 14, 2016 | Listed by LoKation | $415,000 | |
| Listed by LoKation | |||
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About Palm Beach Ranchettes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017