945 Palm Trail
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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%.
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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.
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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 5, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2021 | Listed by RE/MAX Services | $8,900,000 | |
| Listed by RE/MAX Services | |||
| Oct 28, 2019 | Sold | ||
| Sold | |||
| Jul 22, 2019 | Listed by The Corcoran Group | $2,500,000 | |
| Listed by The Corcoran Group | |||
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Delray Beach's pinnacle street of Palm Trail, over .52 Acres of direct intracoastal waterfront. This is one of the largest estate sized lots along the ultra-exclusive Palm Trail with a commanding 90 feet of water-frontage. The current residence is extremely private with gated entrance and completely framed in by beautiful hedge landscaping. This home was originally built in 1978 and has been totally rebuilt in 1998 along with a total roof replacement in 2016. Now with 5366 total square feet, 4 BR, 4.5 Baths, a huge upstairs loft that opens to an incredible deck overlooking the pool, grounds and unobstructed water views this home is a remarkable value being sold at land value with an existing updated outstanding home.
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| Jul 9, 2019 | No longer available | - | |
| No longer available | |||
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About Kenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017