67
Map
222 Cove Loop Drive
About This Property
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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.
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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 26, 2026 | Sold | ||
| Sold | |||
| May 3, 2026 | In contract | - | |
| In contract | |||
| Apr 19, 2026 | Price Decreased |
$579,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Gulfstream Realty Group | $589,000 | |
| Listed by Gulfstream Realty Group | |||
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This beautifully updated 4-bedroom, 2-bath pool home is perfectly situated on a tranquil lake in the highly desirable Villa de Palms community. Offering a bright and open floor plan, the home is designed for both comfortable living and effortless entertaining.The interior features a brand-new kitchen with modern finishes, complemented by fully renovated bathrooms. Natural light fills the spacious living areas, creating a warm and inviting atmosphere.Step outside to your private backyard retreat, where a freshly resurfaced pool overlooks serene lake views-perfect for relaxing or hosting gatherings year-round.Major updates include a new roof (2025) and fully paid-off solar panels that significantly reduce energy costs, resulting in a minimal electric bill-providing both efficiency and long-term savings.Ideally located near major roadways, beautiful beaches, and top-rated schools, this home combines convenience with a peaceful setting. A true move-in-ready gem.
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| Jun 16, 2025 | Sold | ||
| Sold | |||
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About Villa De Palmas Sykes Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017