1815 PALMA SOLA BOULEVARD
About This Property
With breathtaking water views and a permitted dock already in place, this lot provides endless possibilities-build a custom home, a vacation retreat, or an investment property. Plenty of options to maximize this stunning setting!
Don't miss out on this chance to own a piece of waterfront paradise and bring your vision to life. Schedule your showing today!
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 5, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Price Decreased |
$795,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Apr 2, 2025 | Price Decreased |
$800,000
↓ $99K
(11%) | |
| Price Decreased | |||
| Mar 12, 2025 | Listed by SARASOTA LAND AND HOMES LLC | $899,000 | |
| Listed by SARASOTA LAND AND HOMES LLC | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017