298 BISMARCK PALM Road
About This Property
Discover the perfect blend of luxury and functionality in this stunning 4 bedroom home plus loft. Designed with a seamless flow between the kitchen, dining area and great room and complemented by sliding glass doors leading to an oversized covered lanai is both inviting and a harmonious area for indoor outdoor living. The gourmet kitchen boasts stacked cabinets for a great focal point of the room. This thoughtfully designed floor plans offers a dedicated home office, away from the main living area , and a large loft perfect for a playroom or additional living space. Located in the gated community of Newbrook, this home offers privacy and breathtaking natural views on this larger preserve homesite. Experience unparalleled living in this exclusive neighborhood with premium amenities. Hoe is currently under construction on homesite 128 and is estimated to be completed late Spring.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 23, 2025 | In contract | - | |
| In contract | |||
| Jul 11, 2025 | Price Decreased |
$897,000
↓ $3K
(0.3%) | |
| Price Decreased | |||
| May 16, 2025 | Price Decreased |
$899,990
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Apr 1, 2025 | Price Increased |
$949,990
↑ $25K
(2.7%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017