2539 Palm AVENUE
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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%.
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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.
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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 5, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | No longer available | - | |
| No longer available | |||
| Jan 26, 2024 | In contract | - | |
| In contract | |||
| Jan 14, 2024 | Price Decreased |
$849,000
↓ $45K
(5%) | |
| Price Decreased | |||
| Jan 13, 2024 | Listed by Coldwell Banker Schmidt Family Of Companies | $894,000 | |
| Listed by Coldwell Banker Schmidt Family Of Companies | |||
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Paradise awaits you in this Key West style Flagler Beach pool home.This home is ideal for the family enjoyment and privacy.Corner lot with no neighbors on either side. Downstairs are the secondary bedroomswith easy access to the fencedback yard and pool. The open and airy second level is ideal for entertaining. The kitchen, adorned with elegant quartz countertops, overlooks the family room, with natural light & high ceilings. Enjoy the luxury of both east and west-facing balconies, providing a refreshing coastal breeze.A separate dining area and a delightful eat-in kitchen, ensuring ample room for cherished gatherings.Large backyard has plenty of space for the family or pets to play. Take a dip in the pool after a day at the beach. The generously sized garage accommodates a golf cart or workshop space.Rest easy knowing this home is equipped with storm shutters and a long lasting metal roof. Experience the ultimate in Flagler Beach living with convenient access to the beach The manager has listed the unit size as 2567 square feet.
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About Flagler Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017