220 ROYAL PALM CIRCLE
About This Property
Interior Features:
Once inside you will notice the attractive revisions that have been made to the home. The kitchen has newer bright white cabinets and a brand-new backsplash with tranquil blue tones. The kitchen is also equipped with a garbage disposal in 2020, dishwasher in 2020, refrigerator in 2019 and the stove and built-in microwave are also updated. The front of the home has a lovely dining area and is open to the 11x14 living room. The guest bedroom is also located in the front of the home which is a plus when family comes to visit. A hall guest bath has a newer vanity and lighting as well as a shower and tub. The entire back of the home is the primary bedroom with adjoining bath added in 2018. This area is open for easy maneuvering if a wheelchair is a necessity. This unique floor plan has had quite a transformation. The bedroom is now the bath with walk-in shower. The 11x15 bedroom is an add on and has been raised to the same level as the bath. Behind a slider is an open area which is now a large walk-in closet. The seller opened this space for an exit to the exterior. This is a one-of-a-kind floor plan and should be seen to appreciate. The flooring consists of laminate and ceramic tile.
Exterior Features:
The exterior of this home flaunts numerous high-ticket replacements and enhancements, ensuring peace of mind and minimal maintenance for years to come. Beginning with vinyl siding, roof over, relaxing screened porch, brand new A/C unit in 2026, back patio, shed with stackable washer and dryer, handicap ramp and a brand-new water softener and filter in 2020. The roof over on the back extension was installed in 2018. Plenty of valuable features adorn this home. The asking price for the home and share is $160,000. Call anytime to schedule a private showing!
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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%.
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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 24, 2025 | Price Increased |
$160,000
↑ $30K
(23.1%) | |
| Price Increased | |||
| Feb 13, 2025 | Listed by SELECT REAL ESTATE OF PINELLAS | $130,000 | |
| Listed by SELECT REAL ESTATE OF PINELLAS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017