25 SAN TELMO Court
About This Property
Palencia, designed by renowned international developer Hines, draws inspiration from the community-focused charm of historic St. Augustine and San Marco. This master-planned community offers an extensive array of premier amenities. Residents can enjoy golf, tennis, three swimming pools, a fully equipped fitness center, athletic fields, pocket parks, and a 30-acre network of parks connected by scenic boardwalks and walking trails. This vibrant, thoughtfully designed community provides families with a unique blend of recreation, nature, and neighborhood spirit.
With its combination of elegance, comfort, and lifestyle conveniences, this home delivers the ultimate St. Augustine living experience. Book your tour today!
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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 |
|---|---|---|---|
| Sep 25, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Price Decreased |
$555,000
↓ $18K
(3.1%) | |
| Price Decreased | |||
| Aug 7, 2026 | Price Decreased |
$572,500
↓ $17K
(3%) | |
| Price Decreased | |||
| Jul 11, 2026 | Price Decreased |
$589,900
↓ $8K
(1.3%) | |
| Price Decreased | |||
| May 29, 2026 | Price Decreased |
$597,500
↓ $18K
(2.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017