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Map
1115 PALM Circle
About This Property
ECO-FRIENDLY & MECHANICAL UPGRADES
" Solar Power: Fully paid/net-metered solar panel system drastically minimizes your monthly electric bills.
" HVAC (2020) & Roof (2018): High-efficiency climate control and a recently replaced architectural roof providing years of worry-free protection.
" Water Systems: Outfitted with a premium whole-home water filtration system and an energy-efficient hybrid hot water heater.
" brand-new hurricane impact windows installed in December 2026 for top-tier storm protection, energy efficiency, and peace of mind.
BACKYARD PARADISE & OUTDOOR LIVING
" Indoor-Outdoor Flow: Massive 4-panel glass sliding doors open to connect your indoor living space to the outdoors.
" Saltwater Pool & Lanai: Relax under a massive, covered lanai overlooking your pristine, sparkling inground saltwater pool. Includes brand new cleaning robot.
" Edible Tropical Landscape: A true horticulturist's dream! The fully fenced, maturely landscaped yard features productive fruit trees including fig, loquat, papaya, banana, breadfruit, pineapple, and beautiful, towering palm trees.
" Lawn & Irrigation: Keep your paradise lush for free using the private well irrigation system.
" Storage & Curb Appeal: Features newly painted exterior vinyl siding and a matching detached storage shed to keep your lawn equipment tucked away
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Jul 19, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Relisted | $875,000 | |
| Relisted | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| Jul 6, 2026 | Listed by TRUDEALS REALTY CORP | $875,000 | |
| Listed by TRUDEALS REALTY CORP | |||
Property Highlights
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About Beaches
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$9,000 /mo
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$2,450 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017