8
Map
2 Palmetto Drive
About This Property
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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 |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Listed by Keller Williams Cornerstone RE | $899,999 | |
| Listed by Keller Williams Cornerstone RE | |||
| | |||
|
NEW ROOF BEING INSTALLED - ALREADY INSPECTED! INTRACOASTAL ACCESS, CBS CONSTRUCTION, ALMOST ½ ACRE LOT, NO HOA, POSSIBLE 3+ BDRMS/FLEX ROOM, PET FRIENDLY COMMUNITY, A RATED SCHOOLS! You Must See this Beautiful Home in Highly Sought After Sewall's Point. Bring your Boat, go Kayaking or Paddleboarding 200' from property; this Gem has Easement Access to Intracoastal! Enjoy Intracoastal Views, Screened Pool, ''Grandfathered'' Garage 36' Deep with High Ceilings - Store RV/Boat/Antique Cars, Covered Porch & Patio (51' x 28'), High Impact Glass French Doors & Windows. Huge Kitchen Island, Wood Cabinets with French Doors, Granite Countertops, Kitchen Island 8'10'' x 4'4'', High End Wolf, Miele & LG Stainless Steel Appliances, Double Convection Smart Wall Oven w/Air Fryer, Grill, Stovetop, Built-in Steamer with Water, Front Load Washer & Dryer, Interior Solid Wood Doors, Tray Ceiling, Recessed LED Lights, Wood Look Tile & Real Hardwood Flooring, Ensuite Master Bathroom has Huge Jacuzzi Tub (7'6" x 5') with Numerous Shower Heads and Bidet, Plenty of Storage, Additional Room behind the Garage for Workshop, New Septic Tank and New Drain Field, Firepit, Heavy Duty Metal Screen Enclosure on Pool. Tropical Landscape View from Every Window/Door in the Home; 0.464 Acre Corner Lot is surrounded by Coconut Palm, Oak, Magnolia, Mango, Star Fruit and Frangipani Trees, Staghorns, many other plants and has Plenty of Parking. Surrounded by Multimillion Dollar Homes and Close to Beaches, Restaurants, Shopping and Entertainment/Theater. Sewall's Point is famous for Safety being a Priority; if you are leaving town, Register Your Home with the Police Department. Police Officers will Drive by your House periodically and Check on your home. Sewall's Point is One of Martin County's Best Kept Secrets and located just north of Palm Beach, Sewall's Point is its own barrier island located between the St. Lucie River & Indian River Lagoon in Florida. Don't Let this House Get Away surrounded by Multimillion Dollar Residences.
| |||
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2019 | Listed by RE/MAX Community | $459,888 | |
| Listed by RE/MAX Community | |||
| May 31, 2001 | Sold | ||
| Sold | |||
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About Sewall's Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017