2120 QUEEN PALM DRIVE
About This Property
Sitting on a spacious 0.34-acre lot, the property is perfect for anyone who loves indoor comfort and outdoor space. Inside, you'll find beautiful terrazzo and tile flooring, updated interior paint, and a bright, open layout. The kitchen includes a large window overlooking the backyard and offers plenty of storage and prep space. The bonus room can serve as an office, playroom, or even a guest area.
Step outside to enjoy a large driveway, open carport, and a large backyard shed that conveys-ideal for storage, hobbies, or a workshop. The home is equipped with a newer roof, gutter guards, and recently updated AC and appliances, giving you peace of mind for years to come.
Conveniently located with quick access to I-95, SR 442, and Edgewater's parks, restaurants, and shopping. This home combines character, comfort, and functionality-all in one of Edgewater's most accessible locations.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 30, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG) | $230,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG) | |||
| May 7, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017