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2825 SABAL PALM
About This Property
Welcome to this 3-bedroom, 2-bathroom ranch-style home featuring a 2-car garage and an oversized 120' x 125' lot. The home sits on high ground and has never flooded, offering added peace of mind. Enjoy the spacious enclosed glass back porch, perfect for relaxing, entertaining, or enjoying the outdoors year-round. The property also includes a shed with electricity, providing additional storage and workspace options. Recent updates include a new roof and gutters (2025), new air conditioner (2025), and a 2019 hot water heater. With a little updating, this home offers fabulous potential and the opportunity to make it your own. The generous lot, functional layout, and desirable features make this a property worth exploring!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017