4511 King Palm Drive
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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 |
|---|---|---|---|
| Nov 27, 2025 | Price Increased |
$635,000
↑ $36K
(6%) | |
| Price Increased | |||
| Nov 13, 2025 | Listed | $599,000 | |
| Listed | |||
| | |||
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Waterfront Tranquility in Tamarac!
Hidden gem nestled in a quiet, golf course community. Serene lake views take center stage from the moment you step inside while a grand indoor solarium welcomes you in the foyer, with floor-to-ceiling windows that flood the home with warmth and natural light.
Offering uninterrupted lake views from every room, the primary suite is a royal haven, featuring its own screened-in patio with calming water views, and a striking blue marble bathroom retreat. Off the master bath, discover a second indoor solarium, a perfect escape for morning rituals or a lush indoor garden.
Just steps away from the community pool, this home delivers resort-style serenity and exceptional value in one package.
| |||
| Apr 11, 2023 | Sold | ||
| Sold | |||
| Feb 16, 2023 | Listed by Keller Williams Dedicated Prof | $539,900 | |
| Listed by Keller Williams Dedicated Prof | |||
| Apr 10, 2007 | Sold | ||
| Sold | |||
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About Tamarac
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$8,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017