1040 Renmar Drive
About This Property
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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.
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 16, 2026 | Sold | ||
| Sold | |||
| Mar 8, 2026 | In contract | - | |
| In contract | |||
| Feb 11, 2026 | Listed by REDFIN CORPORATION | $799,000 | |
| Listed by REDFIN CORPORATION | |||
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Welcome to this well-updated 4-bedroom, 2-bath pool home located in the sought-after Royal Palm Estates, offering 2,118 sq. ft. of comfortable living space. This home features numerous system and cosmetic upgrades, including a new A/C system (2026), resurfaced saltwater pool (2026), upgraded electrical panel, PVC plumbing, underground 500-gallon leased propane tank, impact resistant windows with shutters, a new water heater, and a newly installed paver driveway. The kitchen is equipped with upgraded appliances, including a newer stove, microwave, and refrigerator, and flows seamlessly into the main living areas. Interior flooring includes a mix of LVP, tile, and original terrazzo, which provides an opportunity for full restoration throughout. Head outside to a private tropical backyard retreat featuring a saltwater pool, patio space, mature landscaping, and peaceful waterfront canal views. The irrigation system is canal-fed, significantly reducing water costs and eliminating well-water staining. A two-car garage with EV charger adds modern convenience. This move-in-ready home offers strong infrastructure, thoughtful updates, and an inviting outdoor lifestyle.
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| Dec 5, 2022 | Sold | ||
| Sold | |||
| Dec 2, 2022 | No longer available | - | |
| No longer available | |||
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About Plantation
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,000 /mo
- 4 Beds
- 2 Baths
- 2,409 ft²
$1,800 /mo
- Studio
- 1 Bath
- 650 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017