4450 PALATKA BOULEVARD
About This Property
Upon entering the Drexel floorplan, the foyer welcomes you into the open-concept living space, highlighted by 9'4" volume ceilings that create an airy and spacious feel. The large great room is both inviting and versatile, offering a perfect space for entertaining or relaxing.
The island bar top kitchen is ideal for casual meals and social gatherings, seamlessly connecting to the adjacent breakfast nook. The additional window in the breakfast nook brings in natural light, creating a bright and cheerful space perfect for dining. The home features EVP flooring throughout the main areas, offering both style and durability.
The Drexel offers four bedrooms, including a luxurious master suite with an upgraded tile shower and shower enclosure, offering a spa-like experience. The spacious walk-in closet provides ample storage. The additional bedrooms are well-sized, providing plenty of space for family, guests, or a home office. Outside, the lanai offers the perfect space for enjoying the outdoors, whether you're relaxing or entertaining.
The Drexel floorplan is designed to be functional and accommodating for all, making it the perfect home for comfort and modern living.
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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 |
|---|---|---|---|
| Jun 11, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Price Decreased |
$378,900
↓ $11K
(2.8%) | |
| Price Decreased | |||
| Jan 21, 2025 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jan 27, 2024 | Price Increased |
$399,900
↑ $10K
(2.6%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017