1576 Thatch Palm Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Price Decreased |
$10,450,000
↓ $50K
(0.5%) | |
| Price Decreased | |||
| May 5, 2025 | Listed by Royal Palm Properties LLC | $10,500,000 | |
| Listed by Royal Palm Properties LLC | |||
| |||
|
A rare opportunity to own one of only 14 exclusive residences within the prestigious Royal Palm Yacht & Country Club, offering uninterrupted front and rear vistas of the Jack Nicklaus Signature golf course. The interiors have been masterfully redesigned by renowned designer Michael Gray, showcasing a refined sensibility.
Step inside to find a dramatic entry that unfolds into a grand living space anchored by a striking floor-to-ceiling fireplace. The interiors are defined by custom architectural details, designer lighting, and curated wall treatments, all grounded by sleek white porcelain flooring on the main level.
Designed with both comfort and entertaining in mind, this four-bedroom home features a generous open layout that includes a sophisticated media lounge, a private study, multiple areas for gatherings, and a sprawling second-floor primary suite complete with a spa-inspired bath and a boutique-style dressing room.
Outdoors, the property captures the essence of serene living with sun-drenched eastern exposure. A covered terrace provides multiple seating and dining areas, while the summer kitchen and bar elevate alfresco entertaining. The elegant pool and spa complete a setting that delivers exceptional privacy and effortless luxury.
| |||
| Mar 22, 2024 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Royal Palm Yacht and Country Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,900 /mo
- 3 Beds
- 2 Baths
- 1,980 ft²
$7,000 /mo
- 2 Beds
- 2 Baths
- 1,707 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017