3
Map
416 PALM WAY
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$5,900
↓ $200
(3.3%) | |
| Price Decreased | |||
| Aug 24, 2026 | Price Decreased |
$6,100
↓ $2K
(22.8%) | |
| Price Decreased | |||
| Apr 15, 2026 | Price Decreased |
$7,900
↓ $1K
(11.2%) | |
| Price Decreased | |||
| Mar 24, 2026 | Listed by American Realty of PSL LLC | $8,900 | |
| Listed by American Realty of PSL LLC | |||
| |||
|
Build your dream home on this 0.23-acre lot at 416 Palm Way located in the peaceful community of Paradise Lakes. Zoned R-2, this parcel offers flexibility for residential use and a great opportunity for a primary residence, vacation home, or investment property. Enjoy quiet surroundings just minutes from Lake George and the scenic St. Johns River, perfect for boating and fishing. Conveniently located near Crescent City and Palatka for shopping and dining. The neighboring lot at 418 Palm Way is also available, offering the opportunity to combine both parcels for approximately 0.46 acres. Great opportunity to own affordable land in a growing lake-area community! Buyer to verify all property details including zoning, utilities, land use, and building requirements. All information deemed reli
| |||
| Mar 9, 2026 | Listed by AMERICAN REALTY OF PSL LLC | $8,900 | |
| Listed by AMERICAN REALTY OF PSL LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017