10989 Carmelcove Circle
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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by RE/MAX Direct | $650,000 | |
| Listed by RE/MAX Direct | |||
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Move-in ready Isabelle model features 2 bedrooms plus a den/office, 2 baths and a beautifully landscaped pool. Upgrade highlights include a 24x24 rectified glossy porcelain tile, several kitchen and bath upgrades, custom built-in wall units in the Den and Great Room, custom closet systems in the Primary Bedroom, new hot water heater and pool pump, upgraded landscaping, accordion storm shutters, whole house gutters and so much more! Please call for details on Valencia Reserve clubhouse renovations including renovation renderings. Renovation assessment paid. HOA Fee includes exterior painting of house, lawn care, alarm monitoring, cable and internet!
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| Jun 22, 2021 | Sold | ||
| Sold | |||
| Jan 15, 2015 | Sold | ||
| Sold | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017