2111 SW Danforth Circle
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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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Aug 23, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Price Decreased |
$729,000
↓ $11K
(1.5%) | |
| Price Decreased | |||
| Aug 7, 2025 | Listed by Compass Florida LLC | $740,000 | |
| Listed by Compass Florida LLC | |||
| |||
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Welcome to Danforth! Palm City's most desirable gated community. This spacious CBS home offers tons of open living space, featuring 4 bedrooms and 3 full bathrooms—including DUAL PRIMARY SUITES with walk in closets and an enclosed patio bonus space! This home is perfect for entertaining, multigenerational living and guest privacy. Recent upgrades include a 2024 hot water heater, 2023 A/C, and hurricane-impact windows and doors. Inside, you'll find a bright, open layout, updated kitchen and baths, and ample storage. Step outside to enjoy a beautiful screened lanai and sparkling heated pool and hot tub and a lush, private backyard. Set on a tranquil, tree-lined street just minutes from top-rated Martin County schools, this home is the best of Palm City living!
| |||
| May 23, 2025 | Sold | ||
| Sold | |||
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About Palm City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017