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5 ROYALE Lane
About This Property
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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 |
|---|---|---|---|
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by ORCHARD BROKERAGE LLC | $345,000 | |
| Listed by ORCHARD BROKERAGE LLC | |||
| May 1, 2026 | Price Decreased |
$339,995
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$349,900
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Feb 18, 2026 | Listed by RE/MAX ADVANTAGE | $359,900 | |
| Listed by RE/MAX ADVANTAGE | |||
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Welcome to the sought-after River Gate gated community — a beautifully maintained neighborhood
offering privacy, amenities, and a prime location without 55+ restrictions. Tucked away on a quiet
cul-de-sac, this solid concrete block home delivers the perfect blend of comfort, style, and Florida
living.
This 3-bedroom, 2-bath residence with a 2-car garage featuring a retractable garage screen has been thoughtfully updated and meticulously cared for. Step inside to discover newer LVP flooring flowing throughout and elegant plantation shutters that add timeless charm and energy efficiency. The updated kitchen shines with modern finishes and includes all appliances, making it truly move-in ready. Both bathrooms have been tastefully refreshed, offering a clean, contemporary feel.
One of the standout features is the screened Florida Room, where tranquil water views create the
perfect setting for morning coffee or evening relaxation. Enjoy peaceful backyard scenery with no
rear neighbors immediately behind — just calming water views and nature.
River Gate residents enjoy access to a community pool and clubhouse, ideal for social gatherings
and enjoying the Florida sunshine. The neighborhood is centrally located in Palm Coast, known for
its beautiful parks, walking and biking trails, golf courses, and proximity to the Intracoastal Waterway.
Just a short drive away, you’ll find the stunning shores of the Atlantic Ocean, where miles of pristine
beaches await. Palm Coast offers a relaxed coastal lifestyle while still providing convenient access to
shopping, dining, healthcare, and major highways for easy commuting.
Whether you are looking for a primary residence, seasonal retreat, or investment opportunity, this home offers the perfect combination of location, updates, and low-maintenance living in one of Palm Coast’s desirable gated communities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017