908 Alamanda Drive
About This Property
At 1753 sq. ft under air, this home's split floor plan allows for tranquil indoor spaces on either side of this inviting gem. Decidedly spacious throughout, the large master is no exception, boasting a beautiful en suite bath with spa-like shower and nicely updated, modern fixtures.
To the back of the property, the piece de resistance awaits... A beautiful wood plank roof overhang makes way for the gorgeous, freeform pool. The ultimate summer days and nights happen here, with plenty of BBQs, get-togethers and "staycations" on deck. Coming back in through the sliding glass doors, the flowing, walk-through kitchen connects both sides of the house. And just off of it, the cozy living room space perfectly ties together the additional 3 bedrooms and guest bathroom. A full dining room and sitting/family room serve to bring the property full circle.
Additionally, this home received an entirely new roof and AC unit in 2005. It also sports a new sprinkler system, gutters and pool pump, all of which have been replaced over the past year.
Beautiful shops and restaurants are all within walking distance -- and the home is just minutes from all the finest entertainment and dining options that Palm Beach Gardens, Jupiter and Juno Beach have to offer!
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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 |
|---|---|---|---|
| May 24, 2016 | Sold | ||
| Sold | |||
| Mar 31, 2016 | Listed by Blue Water Real Estate Group | $349,900 | |
| Listed by Blue Water Real Estate Group | |||
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About North Palm Beach Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017