484 Royal Palm Way
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Royal Palm Properties LLC | $14,795,000 | |
| Listed by Royal Palm Properties LLC | |||
| | |||
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Presenting a turn-key Signature Estate by SRD Building Corp., an extraordinary residence within one of the most esteemed communities in the nation, Royal Palm Yacht & Country Club. This new construction home is situated on a prime corner lot, this exceptional estate offers over 8,200 sq ft of impeccable living space. Featuring six luxurious bedroom suites, 7 full and 2 half baths, and a spacious 4-car garage with a golf cart bay. Every detail of this property is meticulously curated to offer the most refined living.The south-facing backyard creates a sunlit sanctuary, ideal for year-round enjoyment, while the home's advanced Crestron smart-home technology and cutting-edge security system ensure seamless luxury and privacy. Interior design and furnishings by the award-winning P&H
| |||
| Jan 5, 2022 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by Royal Palm Properties LLC | $5,150,000 | |
| Listed by Royal Palm Properties LLC | |||
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About Royal Palm Yacht and Country Club
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$9,900 /mo
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- 1,980 ft²
$5,000 /mo
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- 2 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017