1076 Royal Palm Drive
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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%.
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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 |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Feb 23, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Price Decreased |
$165,990
↓ $9K
(5.2%) | |
| Price Decreased | |||
| Jan 13, 2026 | Listed by Marge Frego Realty, Inc | $175,000 | |
| Listed by Marge Frego Realty, Inc | |||
| | |||
|
Well-maintained and move-in ready home offering a bright, open layout with updated flooring throughout. The main living area is spacious and welcoming, featuring neutral tones, ceiling fans, and plenty of natural light. The kitchen includes ample cabinetry, generous counter space, and a convenient breakfast bar that opens to the living and dining areas—ideal for everyday living and entertaining.
The primary bedroom is generously sized and provides a comfortable retreat, while additional bedroom offer flexibility for guests, hobbies, or a home office. Bathrooms are clean and well cared for with updated vanities and fixtures. Multiple storage closets throughout the home add convenience and functionality.
Enjoy outdoor living under the large covered carport, perfect for relaxing, entertaining, or shaded parking. The extended driveway provides ample space, and the exterior features attractive siding, window awnings, and low-maintenance landscaping.
| |||
| Jun 17, 2025 | Price Decreased |
$185,000
↓ $3K
(1.6%) | |
| Price Decreased | |||
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Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 942542
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017