229 PALACE Drive
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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 |
|---|---|---|---|
| Oct 22, 2026 | Listed by REAL BROKER LLC | $430,000 | |
| Listed by REAL BROKER LLC | |||
| Apr 1, 2020 | Sold | ||
| Sold | |||
| Sep 19, 2017 | Listed by D R HORTON REALTY INC | $286,990 | |
| Listed by D R HORTON REALTY INC | |||
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Welcome to Freedom at San Salito, our newest active adult neighborhood offered by Freedom Homes, a D.R. Horton company. Freedom communities offer a low stress, low maintenance lifestyle in great locations. Features include a gated entrance, amenity center and Lifestyle Director to help meet neighbors and make new friends! Homes are single story, thoughtfully designed and feature covered lanais to enhance your Florida lifestyle.
Community amenities include a swimming pool and bocce ball courts with covered spectator area. San Salito is close to the beach, golf courses, fantastic shopping, dining, music and entertainment!
One year of Freedom section HOA fees paid!!
55 and over community-fees include lawn mainten
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Property Highlights
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017