33
Map
2448 NE Royal Palm Drive
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 |
|---|---|---|---|
| Mar 17, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Coldwell Banker Realty | $55,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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*Multiple offers! Highest/best by 1/17* 2BR/2BA home features an open floor plan with 920 SF and offers a wonderful opportunity to RENOVATE & personalize to make it your own. This home is priced accordingly. Live part-time or year-round. Bring your vision to make this home your warm Florida getaway. Located on owned land, NO LOT RENT. The fenced yard backs to a canal, providing added privacy. Additional features include two attached work/storage rooms and a screened porch with windows for extra living space. Enjoy a low HOA approx. $45/month with access to a pool, tennis courts, shuffleboard, and an active community center. A great chance to create a home that fits your style. As-Is, cash sale.
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| Jan 15, 2016 | Sold | ||
| Sold | |||
| Nov 10, 2015 | Listed by Power Realty, LLC | $61,500 | |
| Listed by Power Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017