12786 Old Tortuga Way
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 |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Listed by Re/Max Direct | $1,350,000 | |
| Listed by Re/Max Direct | |||
| | |||
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*FORMER MODEL*FULLY FURNISHED & DECORATED* MOVE RIGHT IN! HOME SET ON A PICTURESQUE PRIVATE LONG LAKE LOT ON MODEL ROW! GORGEOUS 2BR + DEN/3RD BR HOME IN THE DESIRABLE VALENCIA SOUND! HARDLY BEEN LIVED IN! HOME HAS SO MUCH DECORATIVE DETAIL! ADDITIONAL HIGHLIGHTS INCLUDE: GLASS FRONT DOOR, PREMIUM EXTERIOR, GOURMET KITCHEN W/ GLASS CABINETS, QUARTZ COUNTERTOPS, & SS APPLIANCES, BTHS ARE TOTALLY UPGRADED, 24x48 TILES IMPORTED FROM ITALY IN MAIN LIVING AREA, DESIGNER FIXTURES, BEAUTIFUL WINDOW TREATMENTS, WALLPAPER, BUILT INS IN GREAT ROOM & DEN, CALIF. CLOSETS IN PRIMARY, GAS APPLIANCES, IMPACT WINDOWS & DOORS THROUGHOUT, SUMMER KITCHEN, GORGEOUS LANDSCAPING, & MUCH MORE! HERE IS YOUR OPPORTUNITY TO HAVE COUNTRY CLUB LIVING W/OUT COUNTRY CLUB FEES. **HIT MORE FOR MORE INFO**
| |||
| May 26, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | Listed by RE/MAX Direct | $1,399,900 | |
| Listed by RE/MAX Direct | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017