17341 Santaluce Manor
About This Property
4.1 baths and impressive 2-Story living room. Ideally situated on a LAKE with a CUSTOM POOL! Impact glass throughout. The stunning Chef's Kitchen has Pure White (Level 6) Stacked Cabinets, Chimney Hood and a huge center Island with seating for five. The master suite has oversized his and hers closets and a
soothing master bath with pure white (level 6) cabinets, quartz counters and a free-standing soaking tub. The 27,000 sqft clubhouse complex has it all - restaurant with full service pool bar, game room, fitness center, tennis courts with pro shop, pickleball, main pool, kids splash park and more! Ready for occupancy April/May 2021.
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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 |
|---|---|---|---|
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Aug 8, 2022 | No longer available | - | |
| No longer available | |||
| Jun 24, 2022 | Price Decreased |
$2,499,995
↓ $250K
(9.1%) | |
| Price Decreased | |||
| May 17, 2022 | Price Decreased |
$2,750,000
↓ $250K
(8.3%) | |
| Price Decreased | |||
| May 4, 2022 | Price Decreased |
$3,000,000
↓ $150K
(4.8%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017