12777 PALATKA DRIVE
About This Property
The kitchen showcases high-end cabinetry with soft-close dovetail construction, custom pull-outs, and a custom backsplash. The living room features a tray ceiling with crown molding and additional recessed lighting, complemented by custom lighting and fans throughout.
The primary suite offers Closet Tech custom closets in both the bedroom and bathroom and solid wood plantation shutters. Both bathrooms are highly upgraded with tile to the ceiling. The office/den includes French doors and custom built-ins.
Enjoy seamless indoor-outdoor living with an oversized lanai and pocketing slider doors. The laundry room is upgraded with additional cabinetry and storage. Additional highlights include a whole-house water filtration system, AC purifier, and a garage with epoxy floors, sink, and extra storage. The paver driveway and lanai have been power washed and sealed.
HOA covers ground maintenance, offering a low-maintenance, move-in-ready lifestyle with quality finishes throughout.Located in the sought-after gated community of Grand Palm, residents enjoy world-class amenities including miles of nature trails, three playgrounds, dog parks, two clubhouses, three resort-style pools, a fitness center, splash park, two hot tubs, tennis courts, pickleball, a half basketball court, pavilion, and a full-time lifestyle director. Just a short bike ride to the Atlanta Braves Spring Training Stadium for year-round events and walking distance to the brand-new Wellen Park Marketplace with Publix, restaurants, shops, and more. Downtown Wellen Park features an 80-acre lake, waterfront dining, retail shops, rooftop decks, a splash pad, playground, and a public town hall that hosts live theater and music events. Schedule your private showing today and discover what life in Grand Palm is all about.
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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 17, 2026 | Sold | ||
| Sold | |||
| Feb 1, 2026 | In contract | - | |
| In contract | |||
| Jan 29, 2026 | Price Decreased |
$419,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Jan 13, 2026 | Listed by EXIT KING REALTY | $439,000 | |
| Listed by EXIT KING REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017