35 Fallen Oak LANE
About This Property
The City of Palm Coast has been recognized by two national publications for being one of the "7 best places to retire" and among "America's 50 best cities to live in." MONEY magazine, a publication of Time Inc., selected Palm Coast as being "Best for Water Lovers" as part of its retirement feature. The Orlando theme parks are located 90 minutes away, along with the Orlando airport. Jacksonville is an hour away and the Nation's oldest city, St. Augustine is half an hour away. Daytona Beach, home of Daytona International Speedway and Bike Week is half an hour away. Call today for your showing.
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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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Relisted | $389,000 | |
| Relisted | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| Apr 29, 2024 | Listed by COASTAL GATEWAY REAL ESTATE GROUP | $389,000 | |
| Listed by COASTAL GATEWAY REAL ESTATE GROUP | |||
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About Palm Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017