2137 Isla De Palma Circle
About This Property
Perfect for an extra TV viewing area, conversation space or playtime for the kids. Your new home in Saturnia Lakes comes replete with amenities. Pickle ball, basketball, three amazing pool, walking and cycling path, gym, business center, yoga/pilates/dance studio, spa-style locker rooms with sauna, 12,000 square foot grand ball room perfect for hosting your own events, putting green and some much more. No need to bring your lawn mower or hedge trimmer, landscaping is all done for you by the community. No more driving in and out of landscaper trucks
every morning. True resort-style living.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Listed by Gramercy Vale Real Estate | $729,000 | |
| Listed by Gramercy Vale Real Estate | |||
| Jul 30, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 23, 2026 | Price Decreased |
$729,000
↓ $60K
(7.6%) | |
| Price Decreased | |||
| May 25, 2026 | Price Decreased |
$789,000
↓ $60K
(7.1%) | |
| Price Decreased | |||
| Feb 18, 2026 | Listed by Gramercy Vale Real Estate | $849,000 | |
| Listed by Gramercy Vale Real Estate | |||
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Set on the quiet Isla de Palma Circle, this beautifully positioned home offers private views of the large pool and even larger lanai that’s perfect for relaxation and entertaining alike. The primary suite enjoys quiet enjoyment along with dual private closets and an incredibly spacious primary bath with sinks and space for two. Space is the recurring theme for this immaculately kept home. The enormity of the volume ceilings washes you in natural light. The cathedral-like feel is as comforting as it is beautiful. A versatile loft looks down on the expansive great room. Perfect for an extra TV viewing area, conversation space or playtime for the kids. Your new home in Saturnia Lakes comes replete with amenities. Pickle ball, basketball, three amazing pool, walking and cycling path, gym, business center, yoga/pilates/dance studio, spa-style locker rooms with sauna, 12,000 square foot grand ball room perfect for hosting your own events, putting green and some much more. No need to bring your lawn mower or hedge trimmer, landscaping is all done for you by the community. No more driving in and out of landscaper trucks every morning. True resort-style living.
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017