500 Polihale Way
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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%.
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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.
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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 1, 2025 | No longer available | - | |
| No longer available | |||
| Jun 25, 2025 | Listed by Gulf Shore Properties SWFL | $814,900 | |
| Listed by Gulf Shore Properties SWFL | |||
| Jan 28, 2024 | No longer available | - | |
| No longer available | |||
| Jan 18, 2024 | Price Decreased |
$737,700
↓ $40K
(5.1%) | |
| Price Decreased | |||
| Jan 7, 2024 | Listed by D.R. Horton Homes | $777,700 | |
| Listed by D.R. Horton Homes | |||
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This open-concept, single-family home design offers three bedrooms, two and a half baths and ample living space. Tray ceilings throughout enhance the spacious and grand feel of this attractive home. The exceptionally appointed kitchen includes a corner pantry and a large island that overlooks the great room and dining area. A formal dining room offers additional seating for special occasions and guest, or homebuyers may select to build as den with double French doors in lieu of this dining space. A set of three sliding glass doors lead to the expansive covered lanai. The spacious primary bedroom overlooks the backyard and includes a copious walk-in closet, dual vanity, and separate shower and garden tub. The large primary walk-in closet connects to the laundry room. Upon entering the home, the front two bedrooms and second full bath are offset from the primary bedroom adding privacy for those rooms. The manager has listed the unit size as 2221 square feet.
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About Royal Fakapalm
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$7,500 /mo
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$7,500 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017