48 PALM FOREST DRIVE
About This Property
WOW...This home is huge...The 1440 square feet is one of the largest homes in the park. The dining/living and front rooms are massive and have an abundance of space for when the family visits. No need for a hotel as the 2-bedroom, 2-bath home can accommodate a large group of people. Entertaining is also effortless and friends can all congregate in the open and spacious living areas. The kitchen has a convenient breakfast bar, all necessary appliances and lots of storage space. If extra is needed the dining area has a wall-to-wall china cabinet with more than enough cupboard space. Both bedrooms are considerable sizes and have built-in dressers and walk-in closets. The guest bath has shower and tub combination with the master having an en suite bath with a separate vanity from the walk-in shower and toilet. One major valuable feature of the home would be that all of the subfloors have been replaced with 3/4 inch plywood. New vinyl flooring and berber carpet are the floor coverings. The windows are newer and flow throughout the home. The ceiling fans and ceiling duct work are definitely favorable features and for your convenience, the home will remain fully furnished and equipped.EXTERIOR:This lovely home is situated away from the street for privacy and provides a long driveway for two cars. Lush landscaping encompasses the home and the screened porch has a cozy atmosphere. The shed is within this area and has a washer, dryer and extra refrigerator. A roof over, vinyl siding, a newer A/C unit and again the stunning location make up the exterior of the home. Call today for a private showing...this one will not last!
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 |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Oct 5, 2025 | In contract | - | |
| In contract | |||
| Sep 28, 2025 | Price Decreased |
$125,000
↓ $7K
(4.9%) | |
| Price Decreased | |||
| Jul 13, 2025 | Listed by SELECT REAL ESTATE OF PINELLAS | $131,500 | |
| Listed by SELECT REAL ESTATE OF PINELLAS | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017