1409 HIGH Street
About This Property
Claim your slice of paradise in the heart of Palatka, Florida! Discover your dream home with this stunning new construction! This 3-bedroom, 2-bathroom concrete block home features a sleek stucco exterior and a durable metal roof. Enjoy the outdoors on both the front and back patios, perfect for relaxing or entertaining. Inside, you'll find polished black concrete floors that add a modern touch. The state-of-the-art HVAC system comes with a 10-year parts and warranty for peace of mind. The kitchen is a chef's delight with quartz countertops and stainless steel appliances. Don't miss the opportunity to make this beautiful home yours!
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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 10, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Mar 2, 2025 | No longer available | - | |
| No longer available | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by IHEART REALTY INC | $272,900 | |
| Listed by IHEART REALTY INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017