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12758 Royal Palm Ln
About This Property
Upon entrance, step onto a wide, welcoming hallway flanked by a formal living room under a high ceiling and dining under a vaulted ceiling-perfect for hosting memorable gatherings. Further down the hallway is a large family room with a fireplace beneath a vaulted ceiling on the left, and a bright open kitchen and a cozy breakfast nook on the right. A French door open to the backyard and ample windows bring in natural light and backyard and patio views. In the private bedroom area, the master suite is tucked into its own secluded wing, with a relaxing soaking tub, separate glass shower, and a spacious walk-in closet. The master bedroom has a dual-areal layout offering the flexibility to create a den or retreat in either area according to your personal preference. Two other bedrooms and a full bath are on the main floor. A laudry room with a sink and cabinets leads to a 3-car garage with built-in storage shelving. A versatile upstairs loft can be used as a game room, home office, media retreat, or the 4th bedroom.
The extensive lot is nearly 10,000 Sq. Ft. A private backyard featuring a covered patio with hookups ready for your custom outdoor kitchen, built-in planter beds with automatic sprinklers. The wide cemented side yard can accomodate your RV, boat, or recreational toys.
This quiet and well-maintained community has pool and spa, playgrounds, scenic parks and citrus groves, all within a few minutes of walk.
* Blue Ribbon elementary school is across the street from the community, daycare, dining, and shoppings are just minutes away.
* Low HOA fee and a low tax rate.
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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 31, 2026 | Price Decreased |
$799,500
↓ $16K
(1.9%) | |
| Price Decreased | |||
| Oct 9, 2026 | Listed by Elevate Real Estate | $815,000 | |
| Listed by Elevate Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017