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2234 LADY PALM LOOP
About This Property
The inviting great room flows effortlessly into the island kitchen and charming cafe area, providing a warm and open gathering space. Large windows and sliding doors allow natural light to fill the home while offering relaxing views of the outdoor lanai, an ideal spot to enjoy morning coffee or evening refreshments.
The private owner's suite serves as a relaxing retreat, featuring a spacious bedroom that leads to a spa-inspired bath complete with a corner shower, vanity sink, and private water closet. A generous walk-in closet completes the suite, offering ample space for wardrobe storage and organization.
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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 |
|---|---|---|---|
| Aug 20, 2026 | Price Decreased |
$548,990
↓ $26K
(4.5%) | |
| Price Decreased | |||
| Feb 3, 2026 | Price Increased |
$574,990
↑ $2K
(0.4%) | |
| Price Increased | |||
| Jan 31, 2026 | Price Increased |
$572,990
↑ $32K
(5.9%) | |
| Price Increased | |||
| Aug 7, 2025 | Listed by NEAL COMMUNITIES REALTY, INC. | $540,990 | |
| Listed by NEAL COMMUNITIES REALTY, INC. | |||
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About Lakewood Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017