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2000 PALM STREET
About This Property
The home features a covered front entry with an accessibility ramp leading to the main entrance for added ease and functionality. Inside, the layout offers comfortable everyday living with natural light throughout. The spacious kitchen includes all appliances along with ample cabinet and counter space for daily living and meal preparation. Both bedrooms are similar in size and layout, while the two full bathrooms provide added functionality and convenience. The fenced portion of the yard provides privacy and space for pets, outdoor activities, or entertaining.
Adding even more versatility to the property, there is a 2014 camper located in the backyard that may provide potential extra income opportunities for an investor or additional space for extended family members.
Located just minutes from Downtown St. Cloud, East Lake Tohopekaliga, parks, restaurants, and local conveniences, this property presents a great opportunity for homeowners, seasonal residents, or investors looking for a centrally located property with no HOA.
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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 |
|---|---|---|---|
| May 14, 2026 | Listed by EXP REALTY LLC | $150,000 | |
| Listed by EXP REALTY LLC | |||
| Mar 17, 2010 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017