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117 KNOTTY PINE Trail
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$1,475,000
↓ $100K
(6.4%) | |
| Price Decreased | |||
| Oct 8, 2026 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,575,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Nov 5, 2025 | Sold | ||
| Sold | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $850,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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WATER OAK TPC Located in one of the area's most sought-after gated neighborhoods, this 3-bedroom home offers the perfect chance to create your dream residence. Set on a beautiful water front lot surrounded by high-end homes, the property presents endless potential for the right buyer to reimagine and renovate to their taste. The home features a spacious floor plan with the primary suite upstairs, offering flexibility for a modern redesign. While the property does require a full renovation, its strong bones, desirable location, and stunning lot make it a rare find in today's market. With surrounding homes supporting strong values, you can confidently update and customize without pricing yourself out of the neighborhood—an ideal opportunity for investors, builders, or homeowners looking to create long-term value.
SOLD AS IS Bring your vision and turn this diamond in the rough into a showplace worthy of its prestigious setting
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About Palm Valley
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$6,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017