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1869 Sabal Palm Drive
About This Property
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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 |
|---|---|---|---|
| Feb 3, 2025 | Listed by Royal Palm Properties LLC | $19,900,000 | |
| Listed by Royal Palm Properties LLC | |||
| Dec 24, 2022 | No longer available | - | |
| No longer available | |||
| Jun 7, 2022 | Listed by Royal Palm Properties | $19,750,000 | |
| Listed by Royal Palm Properties | |||
| | |||
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Rare opportunity to own nearly an acre of land on the golf course in RPYCC, with 189ft on the 9th & 18th fairways. 1869 Sabal Palm Drive is a 5-bedroom, 6.2-bathroom sprawling classic estate, with a motor court and resort-style grounds including a half basketball court, children's play area with artificial turf, fire pit seating, & 4-hole putting green, all bordered by a mature privacy hedge. Marble tile and wood flooring throughout, chef's kitchen, club room with quartzite bar, gym room, & large temperature-controlled wine cellar. 1st floor master bedroom overlooks the pool with a large sitting room & fireplace, separate His & Her baths, & walk-in closets with luggage islands. The manager has listed the unit size as 9800 square feet.
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| Dec 22, 2021 | No longer available | - | |
| No longer available | |||
| Oct 30, 2021 | Price Decreased |
$19,450,000
↓ $1M
(5.1%) | |
| Price Decreased | |||
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About Royal Palm Yacht and Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017