12768 Palm DRIVE
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 |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| Apr 28, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by RE/MAX ACTION FIRST OF FLORIDA | $406,000 | |
| Listed by RE/MAX ACTION FIRST OF FLORIDA | |||
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Situated on a private street with easy access to beaches, local shops and entertainment, this home is ready to move right in!
As you enter the open living space, you have a blended beam, vaulted ceiling that continues over the dining area with wood and tile floors throughout. With a true open floor plan, your kitchen is right off the dining space, with updated appliances, cabinets and counters. From both the front and the back of the home you have large impact windows that allow abundant natural light in. Off the dining space is your air-conditioned Florida room that adds an additional 288 sq ft of living space, with wall-to-wall windows, storage closet and access to the large fenced in back yard. This space comes fully equipped to entertain all, with a child play set, a covered brick patio with stone fire pit, as well as a large air-conditioned barn style shed!
Back inside you have a split bedroom plan with the master bed and bath off the kitchen. As every true master suite should have, your updated bathroom has dual sinks, and a smart toilet with remote management for all the fancy features that it boasts. The other two bedrooms have a shared hall bathroom, off the living space.
With many updated features including the A/C units, windows and doors,…you also have a TPO roof! TPO has UV resistant properties which eases cooling costs in warm months and climates. TPO not only meets, but exceeds the EPA Energy Star requirements.
This concrete block home with large driveway is also located in a Non-Flood Zone, with no HOA, making it great for vacation rentals. Schedule a private showing today!
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| Nov 16, 2022 | Sold | ||
| Sold | |||
| Sep 23, 2022 | Listed by TOP SALES REAL ESTATE LLC | $400,000 | |
| Listed by TOP SALES REAL ESTATE LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017