9312 Tropez Lane
About This Property
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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 |
|---|---|---|---|
| Apr 12, 2023 | Sold | ||
| Sold | |||
| May 10, 2021 | Sold | ||
| Sold | |||
| Oct 3, 2020 | Listed by RE/MAX Advantage Plus | $1,795,000 | |
| Listed by RE/MAX Advantage Plus | |||
| Jan 17, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $1,449,000 | |
| Listed | |||
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STUNNING BASSANO MODEL WITH ALL IMPACT WINDOWS AND DOORS IS PERFECT FOR SOUTH FLORIDA LIVING AND ENTERTAINING SITUATED ON A WATERFRONT LOT. NO DETAIL HAS BEEN LEFT UNTOUCHED WITH DISTINCTIVE UPGRADES INCLUDING GOURMET CHEF'S KITCHEN WITH GRANITE COUNTERTOPS, ESPRESSO CABINETS,SUB-ZERO REFRIGERATOR, DOUBLE OVEN, BOSCH DISHWASHER, WOLF FIVE BURNER GAS COOKTOP, STAINLESS STEEL VENTED HOOD. MANY UPGRADES THROUGHOUT KITCHEN, DINING, MASTER BEDROOM,,GUEST ROOMS AND MORE. PROFESSIONALLY DECORATED. ENJOY THE FLORIDA LIFESTYLE WITH A CUSTOM POOL WITH NATURAL STONE PATIO AND SUMMER KITCHEN WITH SINK. HOME IS WIRED FOR SECURITY AND SOUND. AN AMAZING CLUBHOUSE WILL INCLUDE 3 SWIMMING POOLS, SAUNA, INDOOR & OUTDOOR BBALL COURTS, FITNESS CENTER, KIDS WATER PARK, RESTAURANT, 13 TENNIS COURTS & MOREThe manager has listed the unit size as 5216 square feet.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017