415 BISMARK PALM Road
About This Property
At the heart of the Scarlett is the great room, a casual dining space, and a gourmet kitchen with white painted cabinets, a contrasting center island, bright stainless fixtures, and KitchenAid appliances. The great room offers views of the sparkling lake & opens to a spacious covered lanai that's perfect for relaxing after a long day.
The owner's retreat features a spacious walk‑in shower, a freestanding tub, and a large walk‑in closet. Designed for family living, the second floor includes three bedrooms, two full bathrooms, and a loft-ideal for kids who want their own space away from the main living area. The highly anticipated Newbrook residents‑only amenity center will include a resort‑style pool, fitness center, and clubhouse
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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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 15, 2026 | In contract | - | |
| In contract | |||
| Feb 21, 2026 | Price Decreased |
$829,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Feb 10, 2026 | Price Increased |
$849,000
↑ $20K
(2.4%) | |
| Price Increased | |||
| Sep 3, 2025 | Listed by JACKSONVILLE TBI REALTY, LLC | $829,000 | |
| Listed by JACKSONVILLE TBI REALTY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017