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1842 INDIA PALM DRIVE
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$224,990
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Sep 3, 2026 | Listed by KARIZA CAPITAL REALTY, LLC | $229,990 | |
| Listed by KARIZA CAPITAL REALTY, LLC | |||
| May 12, 2026 | Listed by PALLADIUM INVESTMENTS INC | $234,900 | |
| Listed by PALLADIUM INVESTMENTS INC | |||
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Investor Special in the heart of Edgewater! This 3-bedroom, 2-bath home at 1842 India Palm Dr offers strong upside for investors, flippers, or buyers looking for a value-add opportunity. Features include a 2016 HVAC system, spacious layout, and a large lot with plenty of potential. Property needs updates and is priced accordingly—perfect for cash buyers or conventional renovation-minded buyers alike. Conveniently located near shopping, dining, schools, and just a short drive to the beach. Great opportunity to add value and build equity in a growing area!
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| Jul 7, 2011 | Sold | ||
| Sold | |||
| Mar 22, 2011 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
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About Florida Shores
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$4,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017