6
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1642 Sabal Palm Drive
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 |
|---|---|---|---|
| Jul 30, 2026 | Listed by Royal Palm Properties LLC | $22,000,000 | |
| Listed by Royal Palm Properties LLC | |||
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Welcome to 1642 Sabal Palm Drive, an architectural achievement by SRD Building Corp. with interiors curated by the distinguished P&H Interiors. This newly completed Signature Estate commands 132 feet of golf course frontage, with panoramic views of the Jack Nicklaus Signature Golf Course within the prestigious Royal Palm Yacht & Country Club.
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| Feb 21, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2024 | Listed by Royal Palm Properties LLC | $6,000,000 | |
| Listed by Royal Palm Properties LLC | |||
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Golf course property with 132' of golf course frontage in Royal Palm Yacht & Country Club with southeast exposure. Property being sold as-is.
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About Royal Palm Yacht and Country Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,000 /mo
- 3 Beds
- 3 Baths
- 1,853 ft²
$4,500 /mo
- 2 Beds
- 2 Baths
- 1,228 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017