49
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848 Upland Road
About This Property
This beautifully updated property features two units. The front unit offers 2 bedrooms, 1 bathroom, a new kitchen, living room, dining room, and a bonus room perfect for an office. The spacious laundry room doubles as a craft room.
The back unit features 1 bedroom, 1 bathroom, a kitchen, living room, and a versatile bonus room. Enjoy a fenced backyard for your pets and a great patio for outdoor activities. Located in a sought-after school district, near I-95, downtown West Palm Beach, and the airport. Seller financing optional. Location Benefits:
Situated in the vibrant Flamingo Park, this home is in a prime location close to downtown West Palm Beach, offering easy access to a variety of dining, shopping, and cultural venues. Its proximity to I-95 ensures a quick commute, while the nearby Palm Beach International Airport makes travel a breeze.
The property is also located in a highly sought-after school district, adding to its appeal for families and investors alike. Flamingo Park is a popular area for home buyers due to its historic charm and community feel, making this property an excellent investment opportunity.
Whether you're looking for a primary residence with rental potential or a multi-generational living solution, this home offers flexibility and style in an unbeatable location. Don't miss the chance to own a piece of Flamingo Park's charm with all the modern conveniences you desire. Schedule a viewing today to experience the unique appeal of this exceptional property firsthand!
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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 19, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Relisted | $620,000 | |
| Relisted | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2024 | Listed by EXP Realty LLC | $620,000 | |
| Listed by EXP Realty LLC | |||
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About Flamingo Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017