21113 Palese Drive
About This Property
More features include an upgraded landscape package, crown molding, high ceilings with 8 ft. doors, tray ceilings with double crown feature and much more!! This floorplan is perfect for a family, or even part-time living with extra space for guests. They will enjoy having their own private guest quarters in the back of the home just off of the pool with easy outdoor access for their convenience. Features an oversized pool deck with an oversized pool and naturistic preserve views. This home is in impeccable condition and you will not be disappointed! Community amenities include a fabulous Resort-Style pool, tennis courts, bocce court, pickle ball, a clubhouse with activities galore for all ages, 24 hour fitness center....the list goes on. Close to shopping, dining, Florida Gulf Coast University, Airport, and Beaches and much more.
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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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Relisted | $659,500 | |
| Relisted | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Price Decreased |
$659,500
↓ $15K
(2.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017