2
Map
2303 Coconut Palm Drive NE
About This Property
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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 |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Dec 16, 2024 | In contract | - | |
| In contract | |||
| Dec 9, 2024 | Listed by RE/MAX Elite | $189,900 | |
| Listed by RE/MAX Elite | |||
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Nestled within the desirable 55+ community of Palm Bay Colony, where you own your land, this charming home offers both comfort and convenience. Set on a rare oversized lot, the property boasts a brand-new roof and a recently installed AC system, ensuring peace of mind and energy efficiency. Partially furnished, the home includes all appliances for a seamless move-in experience. A spacious shed equipped with electricity provides ample storage or workspace potential. Residents enjoy access to fantastic community amenities, including a pool, tennis courts, shuffleboard, and more for HOA members. This is an opportunity to enjoy vibrant living in an active community!
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| Feb 23, 2018 | Sold | ||
| Sold | |||
| Feb 6, 2018 | Listed by Eastern Breeze Realty, LLC | $75,000 | |
| Listed by Eastern Breeze Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017