1659 Triangle Palm Terrace
About This Property
--BRAND NEW ROOF JUST INSTALLED: AUGUST 2024: $40,000
--EXTENDED LANAI AND ADDITIONAL FLEX SPACE/IMPACT SLIDER & WINDOW: OVER $34,000
--SURROUNDED BY 6' CALUSIA HEDGE: $2500
--INTERIOR HOME PAINTED: AUGUST 2024
--INTERIOR GARAGE PAINTED: AUGUST 2024
--New carpet in Guest Bedroom
--Seller may consider a Lease Purchase
--Welcome to1659 Triangle Palm Terrace providing a "Zen" feeling from the moment you walk into the home with privacy hedges and beautiful views of flowering bushes + huge gardenia bush! An extended pavered/screened lanai to enjoy the tranquility of the back yard, bask in the sun, or grill and entertain on the vast Southern Exposure lanai.
--Timeless Travertine tile in neutral tones of gray, cream, brown, & beige throughout the home except for 2 bedrooms can accent any home style from Coastal Farm House to Modern, wood shiplap feature wall & ceiling, (in neutral colors, but can be painted), white cabinetry, newer refrigerator and dishwasher in cream colors to match the motif of the home, subway tile backsplash, granite counters, raised vanities in baths, new glass shower door in main bath, huge walk-in closet in primary bedroom, and newer large water heater are a few of the many fine features of this home.
--The original under truss lanai was extended to provide extra flex living space/den/work-out/office/play area and includes impact sliders and window allowing for an abundance of natural light.
--Spacious dining room, large enough for a 8+ more seated table opens up to the kitchen and huge Great Room.
Kitchen also has a breakfast nook, large enough for a 4 seated table.
-- This well cared for home has been meticulously maintained by the same owner for the past 17 years!
The home is now without furniture and freshly painted White throughout, however, some of the older pictures (painted blue) are shown with furniture so you can see what will fit in the spacious rooms.
***SATURNIA LAKES offers an abundance of amenities including 3 pools, tennis/pickle ball, playground, basketball, clubhouse, fitness center, game rooms, & many weekly activities for all ages.
***A+ Schools & Pet Friendly***A great value and PRICED TO SELL***
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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 13, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Price Decreased |
$569,000
↓ $16K
(2.7%) | |
| Price Decreased | |||
| Nov 21, 2024 | Price Decreased |
$585,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
| Sep 6, 2024 | Listed by Premiere Plus Realty Company | $599,000 | |
| Listed by Premiere Plus Realty Company | |||
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017