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1639 Palm Ridge Road
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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 |
|---|---|---|---|
| Jan 18, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2023 | Listed by Compass Florida, LLC | $400,000 | |
| Listed by Compass Florida, LLC | |||
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BRAND NEW concrete block construction w/impact-rated windows on a quiet cul-de-sac street! Vaulted ceilings arch over wood-look LVP floors, fresh paint & modern features. The generous great rm plan blends together spacious living & dining areas that spill into a contemporary island kitchen. Beautiful dolomite stone counters complement sleek stainless steel appliances, white 42'' Shaker-style cabinetry & a corner pantry. A delightful primary retreat exhibits double dolomite sinks, a shower w/hexagonal penny tiles & a walk-in closet. The extra bdrms & tub/shower bath are privately situated in a hallway at the front of the home. Enjoy a breezy lanai overlooking the grassy backyard, ideal for alfresco fun! Close to shopping, dining, schools & golf! Minutes to the river & beaches!
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| Nov 25, 2023 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | Relisted | $400,000 | |
| Relisted | |||
| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
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About Palm Ridge Estates
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$2,300 /mo
- 3 Beds
- 2 Baths
- 1,597 ft²
$2,300 /mo
- 3 Beds
- 2 Baths
- 1,597 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017