3015 QUEEN PALM DRIVE
About This Property
This meticulously maintained, custom-built gem is being offered for the first time by its original owner. Boasting 4 spacious bedrooms, 2 baths, and a private salt water pool, this 2001-built residence is your personal oasis-perfect for relaxing weekends or lively gatherings.
Step into the heart of the home, where sleek, modern appliances (updated in 2022) pair beautifully with solid wood cabinetry and elegant quartz countertops, creating a chef's dream kitchen. Both front and back porches have 3 season vinyl windows.
Additional features include:
A durable metal roof installed within the last 8 years.
Newly installed carpets in the bedrooms for a fresh, cozy feel.
Hurricane storm shutters for all windows, providing peace of mind during stormy seasons.
Trusted Coleman plumbing and a well-maintained AC system just 10 years young.
Nestled in the sought-after Edgewater community. Schedule your private showing today!
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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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 27, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Price Decreased |
$345,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Apr 3, 2025 | Price Decreased |
$349,000
↓ $6K
(1.7%) | |
| Price Decreased | |||
| Mar 4, 2025 | Price Decreased |
$355,000
↓ $13K
(3.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017