2255 Date Palm Road
About This Property
Royal Palm Yacht and Country Club membership is separate and not affiliated with RPIA homeownership. No Commission on Retained Deposits: In the event a Buyer defaults, no commission will be paid to Co-operating Broker on the Deposits retained by the Seller. No Commissions Paid until Title Passes.
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Dec 27, 2024 | Price Decreased |
$3,650,000
↓ $200K
(5.2%) | |
| Price Decreased | |||
| Aug 30, 2024 | Listed by Royal Palm Properties LLC | $3,850,000 | |
| Listed by Royal Palm Properties LLC | |||
| | |||
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Experience refined living in this welcoming one-story home in the prestigious Royal Palm Yacht & Country Club. The spacious split-bedroom floor plan features 4 bedrooms and 3 full baths. The formal living and dining rooms set an elegant tone, while the open family room seamlessly connects to the updated chef's kitchen, which boasts top-of-the-line stainless steel appliances and natural stone countertops.The primary suite is a true retreat, offering a generously sized walk-in closet and a tastefully appointed bathroom with a freestanding soaking tub, walk-in shower, and a double sink vanity. Designer touches throughout the home include coffered ceilings, rich mahogany wood flooring, custom built-ins, and stylish wall coverings, creating a residence with sophistication and charm.
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| Aug 10, 2024 | No longer available | - | |
| No longer available | |||
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About Royal Palm Yacht and Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017